Core Viewpoint - ExGen Resources Inc. has entered into a binding letter of intent to acquire a second silver stream on a past-producing gold mine in South America, which will double its aggregate silver stream on the property [1][3]. Acquisition Details - The company paid US$500,000 for a 33.3% silver stream on the first 333,333 ounces of silver produced and an additional 16.7% on any further silver produced from the property [2]. - The binding LOI stipulates that PrivateCo must deliver a minimum of 4,200 ounces of silver to ExGen each calendar quarter starting from the second quarter of 2027 [6]. Strategic Positioning - The CEO of ExGen stated that securing two silver streams positions the company to capitalize on silver price momentum and build a foundation for future cash flow [3]. - ExGen aims to maintain preferential rights to participate in any future streaming or royalty transactions by PrivateCo on the property [6]. Company Overview - ExGen is a project accelerator focused on funding exploration and development through joint ventures and partnerships, which reduces technical and financial risks while maintaining upside exposure [5]. - The company currently has nine projects in Canada and the US, four NSR royalties in British Columbia, and two silver streams in South America [5].