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Cascadia Minerals Completes Shares-for-Debt Settlement to Strengthen Market Position

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Cascadia Minerals Completes Shares-for-Debt Settlement to Strengthen Market Position

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Cascadia Minerals Ltd ( (TSE:CAM) ) has provided an announcement.

Cascadia Minerals Ltd. has completed a shares-for-debt settlement involving the issuance of common shares to settle liabilities related to its acquisition of Granite Creek Copper Ltd. This strategic move aims to streamline financial obligations and enhance operational focus on its core projects, potentially strengthening its market position in the mineral exploration sector.

More about Cascadia Minerals Ltd

Cascadia Minerals Ltd. is a company focused on mineral exploration, primarily dealing with copper and gold. Its flagship asset is the Carmacks Project located in the high-grade Minto copper district in Yukon Territory, Canada. The company also has a pipeline of copper-gold properties throughout the Yukon Stikine Terrane, including the Catch Property, which shows promising mineralization results.

Average Trading Volume: 309,255

Technical Sentiment Signal: Hold

Current Market Cap: C$21.99M

For an in-depth examination of CAM stock, go to TipRanks’ Overview page.

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