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Bird River Resources ( (TSE:BDR) ) just unveiled an update.
Bird River Resources Inc. has successfully closed the acquisition of Mexico HoldCo, securing mining rights for two gold projects in Mexico. This acquisition marks a significant milestone for the company, enhancing its presence in the region and positioning it for growth. The transaction involved a cash payment and issuance of common shares, along with granting a net smelter royalty to the previous shareholder. The company is optimistic about the potential of these assets and has appointed new board members with extensive knowledge of the mining sector to support its strategic objectives.
More about Bird River Resources
Bird River Resources Inc. operates in the mining industry, focusing on the acquisition and development of mineral properties. The company is primarily involved in gold mining projects, with a strategic interest in expanding its operations in Mexico.
YTD Price Performance: 50.0%
Average Trading Volume: 61,911
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.09M
See more insights into BDR stock on TipRanks’ Stock Analysis page.
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