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The latest update is out from Arctic Fox Ventures, Inc. ( (TSE:AFX) ).
Arctic Fox Lithium Corp., a company listed on the Canadian Securities Exchange, has announced a non-binding letter of intent with MakerSoul (Hong Kong) Limited for a reverse take-over transaction. This transaction, if completed, will result in MakerSoul becoming the primary business under a newly formed entity. The deal marks a significant strategic shift for Arctic Fox and requires shareholder and regulatory approvals. The resulting entity will see MakerSoul shareholders holding a majority stake, indicating a substantial change in company control.
More about Arctic Fox Ventures, Inc.
Average Trading Volume: 54,899
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$704.7K
See more insights into AFX stock on TipRanks’ Stock Analysis page.