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The Superintendence of Securities Market (SMV) approved the 70% reduction of the contribution rate for the new junior mining companies that enter the segment of risk capital (junior stock market) of the Lima Stock Exchange.

“Thus, although the growth and consolidation of junior companies mainly depends on factors outside the reach of the regulatory entity, a reduction in contributions and supervision costs will result in lower access and permanence costs in the market of said companies”, the SMV said.