SAN SEBASTIAN — Mexico’s Film Tank and Spain’s Tornasol Films are moving forward on “The Day Horses Cried,” with Nicolas Pereda (“Summer of Goliath”) attached to direct.

“Horses” will be pitched at first Europe-Latin America Co-production Forum at the San Sebastian Film Festival.

Rolling in December, “Horses” is Pereda’s next movie after experimental Mexican Revolution tale “The Killing of Strangers,” co-helmed with Jacob Secher Schulsinger, that Pereda recently finished shooting.

“Horses” turns on a 60-year-old rancher who visits his four children around Mexico to ask them to sign off on the sale of his land.

Pereda and writer Jano Mendoza are working on the latter’s original script.

The budget for “Horses” is in the low seven figures, well up on the low-budget pics on which Pereda has built his career.

“Horses” will start shooting in December and continue in the summer, said Film Tank’s Edgar San Juan.

Though still a project, “Horses” is already multi-prized. Last year, it won Spain’s 8th Julio Alejandro Screenplay award, a co-production grant from Spain’s Icaa Film Institute, and a screenplay development award at France’s Amiens Festival.

Pereda was the subject of a 2011 U.S. traveling retrospective taking in the Pacific Film Archives and UCLA Film & Television Archive, among other places.

Meanwhile, the producers and backers of helmer Rigoberto Perezcano’s “Norteado,” the winner of 2008’s Films in Progress at San Sebastian, have donated a $5,000 cash prize for this year’s winner. They include Film Tank, Tiburon Prods., Imcine Conaculta, Mexico’s McCormick and Idn.

“Norteado” won free post-production through to 35mm print.