ExGen Resources has signed a binding letter of intent (LOI) for the acquisition of a silver stream on a past-producing gold mine in Chile. Under the agreement with an arm’s-length private company (PrivateCo), ExGen will receive a 33.4% silver stream until the delivery of 333,334oz of silver, after which it will receive a 16.7% stream on additional silver produced from the asset. As per the LoI, ExGen has paid $500,000 as consideration for the silver stream. This payment was made directly to the vendors ...