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The latest update is out from BPM Minerals Ltd. ( (AU:BPM) ).
BPM Minerals Ltd. has entered into a binding agreement to sell its Claw Gold Project to Capricorn Metals Ltd. for $1.5 million, with additional contingent milestone payments of up to $1.5 million based on future project developments. This transaction strengthens BPM’s financial position, providing approximately $3.5 million in cash to fund exploration at its newly acquired Forelands Gold Project, which offers significant exploration potential near Kalgoorlie, WA.
More about BPM Minerals Ltd.
BPM Minerals Ltd. operates in the mining industry, focusing on the exploration and development of mineral projects. The company is involved in gold mining, with a strategic focus on projects in Western Australia.
Average Trading Volume: 743,792
Technical Sentiment Signal: Sell
Current Market Cap: A$4.1M
Find detailed analytics on BPM stock on TipRanks’ Stock Analysis page.