Business
Mineros Resolves Tax Dispute With Nicaraguan Tax Authorities
MEDELLÍN, Colombia, December 19, 2025--Mineros S.A. (TSX: MSA, OTCQX: MNSAF, BVC: MINEROS) ("Mineros" or the "Company") announces that today, after consulting with its legal and tax advisors, it has determined to resolve a tax dispute with the Government of Nicaragua through the payment of approximately $49.3 million in respect of unpaid ad-valorem taxes and related interest for the years 2019 to 2024, claimed by the Government of Nicaragua.
About this update from Mineros Sa
[{"type":"text","content":"(all amounts are expressed in U.S. dollars)","length":43,"tagName":"p","attribs":{}},{"type":"text","content":"MEDELLÍN, Colombia, December 19, 2025--(BUSINESS WIRE)--Mineros S.A. (TSX: MSA, OTCQX: MNSAF, BVC: MINEROS) ("Mineros" or the "Company") announces that today, after consulting with its legal and tax advisors, it has determined to resolve a tax dispute with the Government of Nicaragua through the payment of approximately $49.3 million in respect of unpaid ad-valorem taxes and related interest for the years 2019 to 2024, claimed by the Government of Nicaragua.","length":482,"tagName":"p"},{"type":"text","content":"ABOUT MINEROS S.A.","length":18,"tagName":"p"},{"type":"text","content":"Mineros is a Latin American gold mining company headquartered in Medellín, Colombia. The Company has a diversified asset base, with mines in Colombia and Nicaragua and a pipeline of development and exploration projects throughout the region. The board of directors and management of Mineros have extensive experience in mining, corporate development, finance and sustainability. Mineros has a long track record of maximizing shareholder value and delivering solid annual dividends. For over 50 years Mineros has operated with a focus on safety and sustainability at all its operations.","length":585,"tagName":"p"},{"type":"text","content":"Mineros’ common shares are listed on the Toronto Stock Exchange under the symbol "MSA", and on the Colombia Stock Exchange under the symbol "MINEROS". Mineros shares also trade on the OTCQX® Best Market, symbol MNSAF.","length":237,"tagName":"p"},{"type":"text","content":"Election of Directors – Electoral Quotient System","length":49,"tagName":"p"},{"type":"text","content":"The Company has been granted an exemption from the individual voting and majority voting requirements applicable to listed issuers under Toronto Stock Exchange policies, on grounds that compliance with such requirements would constitute a breach of Colombian laws and regulations which require the directors to be elected on the basis of a slate of nominees proposed for election pursuant to an electoral quotient system. For further information, please see the Company’s most recent annual information form, available on the Company’s website at https://www.mineros.com.co/ and from SEDAR+ at www.sedarplus.co...