ALN Mining Law Firm advised Vizsla Silver Corp. on the structuring and closing of an approximately US$10 million financing facility provided by Fideicomiso de Fomento Minero (FIFOMI), a Mexican government-backed financial institution specialized in the mining sector, aimed at supporting the working capital needs of the Panuco Project in Sinaloa, Mexico.
Structured as an unsecured MXN$173 million credit facility with a five-year term, the financing represents an important milestone in supporting the continued advancement of the project and strengthening ongoing operational activities associated with one of Mexico’s most significant silver-gold development projects.
ALN provided comprehensive legal counsel throughout the transaction, advising Vizsla Silver and its Mexican subsidiaries on the negotiation, structuring, and implementation of the financing, contributing to the efficient execution of a transaction aligned with the project’s long-term development objectives.
At ALN Mining Law Firm, we continue advising leading mining companies on strategic transactions and complex financing matters, delivering multidisciplinary legal solutions that support mining projects throughout every stage of development in Mexico.
