11:01 AM EST, 11/21/2025 (MT Newswires) -- AbraSilver Resource ( ABBRF ) on Friday said it has formally submitted its application for the Diablillos silver-gold project to be included under Argentina's Large Investment Incentive Regime (RIGI).

A statement noted that RIGI is a recently implemented federal investment framework designed to attract and accelerate major development projects in Argentina by providing long-term fiscal stability agreements and a competitive suite of tax, customs, and foreign-exchange benefits.

The company said that both Salta and Catamarca Provinces, where Diablillos is located, have opted into the regime.

"This submission marks another major milestone for AbraSilver as we continue to de-risk and advance Diablillos," said John Miniotis, President and Chief Executive Officer of the company. "With our RIGI application now submitted and pending governmental review, we look forward to a decision in early 2026, which will bring transformative benefits for the project as we continue advancing toward a construction decision next year."

The company's shares were last seen down $0.08 to $6.72 on the Toronto Stock Exchange.

Price: 6.75, Change: -0.05, Percent Change: -0.74