Silver Storm secures US$5 million term loan from First Majestic
AG•Silver Storm secures US$5 million term loan
Silver Storm secured a non-revolving unsecured term loan of USD 5 million from First Majestic to fund working capital for the La Parrilla ramp-up.
- Loan closed July 10, 2026; matures 36 months later; carries 15% annual interest, compounded quarterly.
- Interest accrued in the first 12 months is payable at month 12; interest then paid quarterly.
- Principal repaid in eight equal quarterly installments of USD 625,000, starting 15 months from closing; prepayment allowed without penalty.




