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1844 Resources Extends Nickel North Agreement and Clarifies Market-Making Terms

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1844 Resources Extends Nickel North Agreement and Clarifies Market-Making Terms

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1844 Resources Inc ( (TSE:EFF) ) just unveiled an announcement.

1844 Resources Inc. has extended its option agreement with Nickel North Exploration Corp. to July 31, 2025, pending TSX Venture Exchange approval. The company is also pursuing a non-brokered private placement to raise up to $750,000, with securities not registered under the U.S. Securities Act. Additionally, 1844 clarified the terms of its market-making agreement with Venture Liquidity Providers Inc., which has been in effect since 2020 and can now be terminated by either party. This extension and financial maneuvering may impact the company’s operational flexibility and market positioning.

More about 1844 Resources Inc

1844 Resources Inc. is an exploration company focused on strategic and energetic metals in underexplored regions such as Gaspé and Nunavik, Québec. The company aims to create shareholder value through the discovery of new deposits, supported by a dedicated management team.

Average Trading Volume: 77,830

Technical Sentiment Signal: Sell

Current Market Cap: C$2.21M

See more data about EFF stock on TipRanks’ Stock Analysis page.

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