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Pan American invests C$22.7 million in New Pacific

Pan American Silver (CN:PAAS) is continuing its long history with Bolivia having bought a 12% stake in New Pacific Metals (CN:NUAG) for C$22.7 million (US$$17.9 million).

Pan American invests C$22.7 million in New Pacific Pan American invests C$22.7 million in New Pacific Pan American invests C$22.7 million in New Pacific Pan American invests C$22.7 million in New Pacific Pan American invests C$22.7 million in New Pacific

New Pacific Metals is making moves in Bolivia

The major silver producer participated in a private placement and bought 16 million units while fellow silver producer Silvercorp Metals (CN:SVM), which already held a 32% stake in New Pacific, ...