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An update from United Hunter Oil & Gas ( (TSE:BOCA) ) is now available.
Bocana Resources Corp. has signed a non-binding letter of intent to acquire an equity interest in Venture Gold, Inc., which focuses on the redevelopment of the Idaho Springs/Central City mining district in Colorado. This strategic investment of up to $20 million aims to enhance Bocana’s asset base and accelerate its corporate development plans, with the transaction being facilitated through a joint venture entity, Arizore LLC. The deal is contingent upon several conditions, including the execution of a definitive agreement and regulatory approvals.
More about United Hunter Oil & Gas
Bocana Resources Corp. is a mineral exploration company focused on acquiring, exploring, and developing mineral properties in North and South America. Through its subsidiary, Huiracocha International Service SRL, Bocana holds a 100% working interest in the Escala area concessions in Bolivia.
Average Trading Volume: 635,717
Technical Sentiment Signal: Hold
Current Market Cap: C$1.83M
Find detailed analytics on BOCA stock on TipRanks’ Stock Analysis page.