Abacus Mining & Exploration (TSE:AME) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Abacus Mining & Exploration has finalized amendments to its acquisition agreement for the 100% ownership of the Willow porphyry copper property in Nevada, now issuing fewer shares to Almadex Minerals Ltd. and adjusting the net smelter return rate. The deal solidifies Abacus’s hold on a promising copper property in a historically productive district, with surrounding areas showing significant past production and ongoing studies. Abacus also retains the rights to adjacent Nev-Lorraine claims, enhancing its exploration and potential purchase options.
For further insights into TSE:AME stock, check out TipRanks’ Stock Analysis page.