Capella Minerals (TSE:CMIL) has released an update.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Capella Minerals Ltd has entered a strategic partnership with Teako Minerals Corp, granting Teako a 90% stake in Capella’s Løkken Cu-Co-Zn project in Norway. In return, Capella will receive cash, common shares in Teako, and a 10% carried interest through to commercial production. The deal includes commitments for drilling and advancing exploration targets, positioning Capella to benefit from both the project’s advancement and Teako’s broader exploration success.
For further insights into TSE:CMIL stock, check out TipRanks’ Stock Analysis page.