07:13 AM EDT, 03/20/2025 (MT Newswires) -- Mineros ( MNSAF ) overnight Wednesday said that Sun Valley Investment will purchase up to 26% of Mineros ( MNSAF ) shares through the Colombia Stock Exchange, now that its public offer to do so has ended.

A total of 77.9 million Mineros ( MNSAF ) shares (the maximum allowed under the offer) have been allocated for purchase by Sun Valley, at 5,500 Colombian pesos each. Closing is expected on March 25.

Sun Valley owned 92.5 million Mineros ( MNSAF ) shares representing a near 31% stake in the company. This is expected to increase to 170.4 million shares, or 56.9%, after the offer closes.

MSA closed up $0.08 or 3.4% at $2.41 on the TSX yesterday.