Netcoins Holdings Inc (TSE:AXCP) has released an update.
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AXCAP Ventures Inc. has announced its decision to acquire the Newton Project from Carlyle Commodities Corp., a gold project in British Columbia, in a deal involving C$2.8 million in cash and shares, plus milestone payments. This strategic move aligns with AXCAP’s policy of investing in early-stage or undervalued projects for long-term capital growth. The transaction includes upfront payments, share issuances, and financing conditions to complete the acquisition.
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