Prystai will succeed Jonathan Price, who was appointed the chief executive officer earlier this year following the departure of company veteran Don Lindsay.
The acquired portfolio includes one producing gold royalty on First Majestic’s La Encantada gold operation, four development silver royalties and three advanced exploration silver royalties.
Drilling along the Mojarra trend at PMV has resulted in a potential discovery was made via intersection of 18.75 metres of polymetallic massive sulphides.