Trevali Mining Completes Sale Of Santander Mine

VANCOUVER - Trevali Mining Corporation announced the closing of the transaction with Cerro De Pasco Resources Inc. (CDPR), to sell 100% interest in the Santander Mine in Peru. Trevali has received 10 million common shares of Cerro De Pasco (subject to certain conditions), C$1 million in cash, and a 1% Net Smelter Return Royalty on certain areas of the Santander Mine site that exclude areas on which there is currently a defined Mineral Resource. The divestiture of Santander is an element of Trevali's focus on disciplined capital allocation, corporate debt reduction and development of the RP2.0 expansion project at Rosh Pinah.