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Article: Apex Silver Mines Limited Completes Property Acquisitions at San Cristobal By Exercising Option on Toldos Deposit

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PR Newswire
Article date:
January 6, 1998
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U.S. Underwriters Exercise Purchase Option on 523,372 Additional 

 
   Ordinary Shares

DENVER, Jan. 6 /PRNewswire/ -- Apex Silver Mines Limited (AMEX: SIL) today announced that it completed property acquisitions in the San Cristobal district of southern Bolivia by exercising its option to purchase 4,692 acres of mineral rights encompassing the Toldos deposit and associated silver mining facilities. Apex now holds 100 percent of the 6,518 acres that comprise the San Cristobal Project properties.

Under terms of the Toldos option agreement, Apex receives all Empresa Minera Yana Mallcu, S.A.'s ("Yana Mallcu") ...

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