GFN – TORONTO: Canadian miner Silver Storm Mining has secured a US $7.0 million prepaid offtake financing facility with Samsung Construction and Trading and two of its subsidiaries to restart operations at its La Parrilla Silver Mine Complex in Durango, Mexico. The agreement, announced October 10, 2025, includes a two-year offtake commitment for all concentrates produced as part of the financing arrangement. First seen and noted by Arcadia today, where Chris Marcus gives some insights into its importance; This news insight gives much credence to the silver supply scramble that is beginning to ensue

Under the terms of the financing facility, Samsung and its affiliates will provide the US $7 million in secured prepaid funding over an 18-month term to support rehabilitation and preparations for a phased restart of production at La Parrilla. The facility carries interest at 1-month SOFR + 4.75 percent, with a six-month grace period on interest and principal before equal monthly repayments begin, which may be offset by concentrate sales.