Mineros S.A. is a mining company with operations in Nicaragua and Colombia with a smaller scale compared to peers, including its reliance on artisanal mining which considerably elevate its cash costs. It is primarily engaged in the exploration and processing of gold and silver with its operations span into two key assets, while positioning for potential growth through ongoing exploration projects like El Porvenir, Luna Roja, and La Pepa. Mineros is planning an up to $400 million issuance through its core subsidiary Mineros Netherlands B.V. , for general corporate purposes, with a primary focus on development capital expenditure for organic growth initiatives, such as the ongoing development of the El Porvenir mine, and potential mergers and acquisitions (M&A) transactions. The
