SilverStream SEZC’s Acquisition of Solitario Zinc Corp’s royalties


Veirano and FFA Legal & Support For Mining Companies advised on the deal

Solitario Zinc Corp. (NYSE American: XPL; TSX: SLR) has executed the sale of two royalties and an option to purchase a third royalty to SilverStream SEZC (“SilverStream”), a private Cayman Island royalty and streaming company. Solitario will receive CDN $250,000 in cash and CDN $350,000 in a convertible note as payment for the royalties and option. The royalties cover the 125,000-acre polymetallic Pedra Branca palladium, platinum, gold, nickel, cobalt and chrome project in Brazil and Solitario’s 3,880-acre Mexico royalty portfolio. The purchase option covers Solitario’s 16,500-acre Montana royalty portfolio.

Veirano advised SilverStream SEZC with Pedro Garcia (Picture), André Carvalho and Bernardo Costa.

FFA Legal & Support For Mining Companies advised Solitario Zinc Corp. with Luis Mauricio Ferraiuoli de Azevedo and Ianê Pitrowsky da Rocha.

Involved fees earner: Luis Mauricio Ferraiuoli de Azevedo – FFA Legal ; Ianê Pitrowsky Rocha – FFA Legal ; André Carvalho – Veirano Advogados; Bernardo Costa – Veirano Advogados; Pedro Garcia – Veirano Advogados;

Law Firms: FFA Legal ; Veirano Advogados;

Clients: SilverStream SEZC; Solitario Zinc Corp.;

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Author: Ambrogio Visconti.