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1844 Resources Extends Option Agreement and Pursues Funding
Company Announcements

1844 Resources Extends Option Agreement and Pursues Funding

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1844 Resources Inc ( (TSE:EFF) ) has provided an announcement.

1844 Resources Inc. has announced an amendment to their option agreement with Nickel North Exploration Corp. concerning the Hawk Ridge nickel/copper project in northeastern Quebec, extending the agreement’s outside date to February 28, 2025. Additionally, the company is proceeding with a non-brokered private placement to raise up to $700,000, subject to exchange approval, highlighting its ongoing efforts to secure funding for its exploration activities.

More about 1844 Resources Inc

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

YTD Price Performance: -10.71%

Average Trading Volume: 66,275

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$2.76M

Learn more about EFF stock on TipRanks’ Stock Analysis page.

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