Capella Minerals (TSE:CMIL) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
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.
