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Silver Storm secures US$5 million term loan from First Majestic

PUBT·07/14/2026 13:54:55
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Silver Storm secures US$5 million term loan from First Majestic
  • Silver Storm secured a non-revolving unsecured term loan of USD 5 million from First Majestic to fund working capital for the La Parrilla ramp-up.
  • Loan closed July 10, 2026; matures 36 months later; carries 15% annual interest, compounded quarterly.
  • Interest accrued in the first 12 months is payable at month 12; interest then paid quarterly.
  • Principal repaid in eight equal quarterly installments of USD 625,000, starting 15 months from closing; prepayment allowed without penalty.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Silver Storm Mining Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202607140945ACCESSWRNAPR_____1190841) on July 14, 2026, and is solely responsible for the information contained therein.