Almaden Minerals Ltd. (TSE:AMM) 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.
Almaden Minerals Ltd. has announced its intention to seek arbitration against Mexico, claiming damages of no less than $200 million over investment disputes related to the Ixtaca Gold-Silver Project under the CPTPP agreement. The company has also signaled its voluntary delisting from the NYSE American and plans to transition to the OTCQB marketplace to maintain trading for its U.S. shareholders. These strategic moves follow Mexico’s lack of engagement in consultations proposed by Almaden to resolve the issues amicably.
For further insights into TSE:AMM stock, check out TipRanks’ Stock Analysis page.