The sale, previously announced on 21 February, will see
Dia Bras receive USD$24.51M, representing its 81.7% equity stake in Corona, net of third party payments as a result of the sale of the hydroelectric asset.
Serving the hydro power and dam construction industries since 1949
Canadian mining company Dia Bras Exploration Inc has announced that its Peruvian subsidiary, Sociedad Minera Corona, has completed the sale of its hydroelectric assets to Volcan Compania Minera for almost US$46.8M.
The sale, previously announced on 21 February, will see
Dia Bras receive USD$24.51M, representing its 81.7% equity stake in Corona, net of third party payments as a result of the sale of the hydroelectric asset.