Proactive - Interviews for investors

Aftermath Silver completes Berenguela acquisition and secures early-payment benefits ahead of PFS


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Aftermath Silver CEO Ralph Rushton joined Steve Darling from Proactive to confirm that the company has completed the final payment required to secure full ownership of the Berenguela silver-copper-manganese project—nearly two years ahead of the original November 2026 deadline.
Rushton explained that this early payment brought meaningful benefits. EMX Royalty Corporation agreed to reduce the amount of the final payment by US$100,000 and, importantly, waived Aftermath’s obligation to complete and file a Pre-Feasibility Study (PFS) by November 23, 2025, a requirement previously set out in the amended Berenguela Acquisition Agreement.
With this final payment now made, Aftermath Silver has satisfied all financial commitments under the acquisition deal. Rushton noted that the company is now working closely with SSR to finalize the formal transfer of ownership of the Berenguela project.
Looking ahead, Aftermath will launch a full, comprehensive PFS for Berenguela. The study will evaluate a development plan centered on producing silver, copper, and manganese—three commodities in strong demand across industrial supply chains and emerging technologies. Rushton said this work represents a major step forward in positioning Berenguela as a significant future source of these critical metals.
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