Unico Silver Limited has made significant progress in its environmental, social, and governance (ESG) initiatives, including the acquisition of strategic land in Argentina and the pursuit of RIGI investment regime qualification.
Material actions and disclosures
The company has completed the initial phase of its land acquisition in Argentina, securing exclusive possession of the property hosting the La Negra and La Morocha Mineral Resources. This acquisition includes preferred infrastructure locations such as the processing plant, Tailings Storage Facility, and haul roads. The company paid USD3.5 million and issued 5,903,717 ordinary shares equivalent to US$2.5 million on 9 July 2026.
Unico Silver is also advancing its RIGI qualification process, which offers fiscal and foreign-exchange stability for large-scale projects. The company is progressing the corporate restructuring and approvals required to pre-qualify under Argentina’s RIGI investment regime.
Forward commitments
Unico Silver plans to complete the deferred cash payments totaling US$6.0 million, which will transfer the title to the land to Unico Silver Argentina SA. The company also aims to continue expanding and upgrading its mineral resources through selective exploration at La Negra SE, La Morocha SE, and Breccia Puntudo, where mineralisation remains open.
Furthermore, the company is progressing its pathway to a maiden Ore Reserve, which will serve as the foundation for its longer-term development plans.
These actions and commitments reflect Unico Silver’s ongoing efforts to strengthen its development capability and secure the necessary approvals and infrastructure for its future projects.