Capella Extends Norway Asset Sale Timeline

Capella Minerals Limited (TSE:CMIL) has released an update.

Capella Minerals Ltd has agreed to a 90-day extension on the sale of its Norway assets to Polar Transition Metals AS, aligning with Polar’s upcoming Initial Public Offering on Euronext Growth in Oslo. The amended agreement includes an increase in Polar shares received by Capella and intends to distribute these shares to its shareholders. Capella’s CEO expressed confidence in Polar’s ability to advance the central Norway copper portfolio and believes the revised terms will benefit Capella’s shareholders.

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