Northwire Canada EditionTuesday, September 15, 2026
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M&A / Property

Cartier Provides Update on its Chorrillos Project, Southern Bolivia

CFE · Price

Executive Summary

  • Cartier Silver confirms that the proposed sale of a 15% equity stake in its Bolivian subsidiary, Minera Cartier Bolivia S.R.L., will not proceed.
  • The $500,000 advance payment received from the prospective buyer has been returned to the buyer.
  • Cartier Silver retains its 98% ownership interest in Cartier Bolivia.

Key Details

  • An agreement‑in‑principle was reached on July 21, 2025 with a Bolivian arm’s‑length party for the sale of a 15% equity interest in Cartier Bolivia for US$500,000.
  • No definitive purchase agreement was ever executed; parties mutually terminated negotiations.
  • The $500,000 advance payment previously received by Cartier Silver has been returned to the prospective buyer.
  • As a result, Cartier Silver continues to hold its 98% equity interest in Minera Cartier Bolivia S.R.L.

Notable Quotes

(No executive quotes were included in the release.)

Read the original news release →

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