Mako Mining plans long-term gold stream deal with Sailfish to cut capital costs and fund dividends, acquisitions

Reuters2026/09/14 13:47

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Mako Mining outlined plans to lower its cost of capital via a proposed long-term corporate gold stream with Sailfish.
The 240-month structure targets shareholder returns via dividends or funding for accretive acquisitions using Sailfish shares as financing currency.
Non-binding LOI terms call for delivering 650–1,000 oz of refined gold per month, priced at 25% of the LBMA PM Fix.
Consideration includes 70,000,000 Sailfish shares priced at $ 5.76, implying about 49% ownership in Sailfish.
Strategy includes potential return of most of US$ 112 million in cash and securities if higher-return acquisitions are not completed.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Mako Mining Corp. published the original content used to generate this news brief on September 14, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Mako Mining plans long-term gold stream deal with Sailfish to cut capital costs and fund dividends, acquisitions

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