Mako Mining Corp. is pleased to announce that it has entered into an agreement with GR
Silver Mines Ltd. and its subsidiary companies to settle all outstanding reclamation and rehabilitation obligations of Mako, among other obligations and liabilities, under the terms of the share purchase agreement dated as of January 29th, 2021 and Indemnity Agreement dated March 31st, 2021 related to the sale of Mako's Mexican operations to GR Silver in March 2021 . Pursuant to the terms of the Settlement and Release Agreement, in consideration for the payment by Mako to GR Silver of a total of US$960,000, satisfied by payment of US$500,000 cash and the issuance and delivery to GR Silver of 296,710 common shares of Mako at a deemed price of $2.1007 per share, all currently ex...