Safi Silver Receives $3 Million Payment to Advance Exploration at Morocco’s Addana Project
Canadian mining firm Safi Silver has received a $3 million payment from Horizon Corporation Limited to continue exploration at the Addana project in Morocco. This funding is part of a multi-installment transaction intended to support the company's growth strategy.
Why it matters
Highlights international investment in African mining projects and the financial strategies used by exploration companies to maintain operations.
<span style="font-weight: 400;font-size: 12pt;font-family: georgia, palatino, serif">Agadir - Canadian mining company Safi Silver announced today that it has received the second scheduled quarterly payment of $3 million from Horizon Corporation Limited to continue its exploration in Morocco. </span>
Business reporting on corporate financial transactions.
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