Canadian Copper, Inc. (TSE:CCI) has released an update.
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Canadian Copper, Inc. has announced the sale of its Chester and Turgeon Project rights in New Brunswick to Raptor Resources, as part of a $2.1 million deal involving cash and shares, contingent on Raptor’s listing on the ASX by August 30, 2024. Raptor has secured the necessary financing and is set to begin drilling at the Chester Project post-listing, with Canadian Copper expressing confidence in the partnership and the region’s mining prospects.
For further insights into TSE:CCI stock, check out TipRanks’ Stock Analysis page.