Sierra Madre Announces US$5 Million Loan from First Majestic Silver for Finalizing Preparations at La Guitarra @SierraMadreSM #JuniorMining #Mining #MiningStocks #Metals #PreciousMetals #Silver #OTC #OTCMarkets #OTCStocks #SmallCaps #TSXV #Investing

Vancouver, British Columbia--(Newsfile Corp. - May 8, 2024) - Sierra Madre Gold and Silver Ltd. (TSXV: SM) (OTCQX: SMDRF) ("Sierra Madre" or the "Company") is pleased to announce that First Majestic Silver Corp. ("First Majestic") has today advanced the Company a non-revolving, secured term loan ("Loan") in the amount of US$5 million pursuant to the terms of a loan agreement entered into by the Company and First Majestic.Since acquiring the La Guitarra Silver-Gold Mine Complex in Estado de...


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