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Mako Mining : YE 2020 MD&A | MarketScreener


(Expressed in United States dollars)
For the twelve months ended December 31, 2020
This Management Discussion and Analysis ( MD&A ) is intended to help the reader understand Mako Mining Corp. (the Company or Mako ), the operations, financial position, and current and future business environment. This MD&A is intended to supplement and complement Mako s audited consolidated financial statements for the year ended December 31, 2020, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards ( IFRS ).
Additional information regarding Mako, including the risks related to the business and those that are reasonably likely to affect Mako s financial statements in the future, is contained in the continuous disclosure materials, including the most recent audited consolidated financial statements and Management Information Circular, which are available on the Company s website at ....

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Mako Mining Announces Completion of Sale of its Mexican Operations to GR Silver Mining


VANCOUVER, BC, April 1, 2021 /CNW/ -
 Mako Mining Corp. (TSXV:MKO) (OTCQX:MAKOF) ( Mako or the Company ) is pleased to announce that it has now completed the sale of 100% of the shares of Marlin Gold Mining Ltd. to GR Silver Mining Ltd., as previously announced in its press release dated February 1, 2021.  Mako has received C$50,000 in cash and a 1% net smelter returns royalty on all concessions currently owned by Oro Gold de Mexico, S.A. de C.V.  ( Oro Gold ), and is no longer responsible for approximately US$9.8 million in unpaid concession taxes, including US$5.2 million related to the core concessions, which accrued on the concessions owned by Oro Gold.  Mako remains entitled to any net proceeds received from the lawsuit Mako and Oro Gold filed against their insurers and re-insurers in connection with damages to the La Trinidad property from Hurricane Willa.  Mako remains responsible for the costs of this litigation and responsible for all costs related to the closu ....

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