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Auric Mining Extends Due Diligence Period for Burbanks Acquisition

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Auric Mining Extends Due Diligence Period for Burbanks Acquisition

Auric Mining Ltd. ( (AU:AWJ) ) has shared an update.

Auric Mining Limited has extended the due diligence period for its exclusive right to purchase the Burbanks Plant and associated assets in Coolgardie until March 14, 2025. The extension allows Auric more time to resolve outstanding issues such as government reports, litigation, and environmental and operational matters before finalizing the $4.4 million acquisition, which could impact its operational capabilities and market positioning.

More about Auric Mining Ltd.

Auric Mining Limited is a company operating in the mining industry, primarily focused on the acquisition and development of mining assets. The company is listed on the Australian Stock Exchange under the ticker AWJ.

YTD Price Performance: -14.71%

Average Trading Volume: 548,172

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$43.2M

For an in-depth examination of AWJ stock, go to TipRanks’ Stock Analysis page.

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