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The latest update is out from Adex Mining ( (TSE:ADE) ).
Adex Mining Inc. has engaged Moneta Securities to lead the sale of its Mount Pleasant Mine Property in New Brunswick. The decision to sell the asset is driven by strong interest and demand for domestic sources of critical minerals. The Mount Pleasant Mine, a past-producing operation with significant infrastructure and mineral resources, presents a strategic acquisition opportunity for both domestic and international buyers. This move aligns with Adex’s strategic review process and aims to capitalize on the growing market for critical minerals, potentially enhancing the company’s industry positioning and offering significant implications for stakeholders.
More about Adex Mining
Adex Mining Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include critical minerals such as tungsten, molybdenum, tin, bismuth, and indium, with a market focus on North American supply chain priorities.
Average Trading Volume: 135,451
Technical Sentiment Signal: Sell
Current Market Cap: C$6.77M
Find detailed analytics on ADE stock on TipRanks’ Stock Analysis page.