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Cascadia Minerals Settles Acquisition Debts with Share Issuance

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Cascadia Minerals Settles Acquisition Debts with Share Issuance

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Cascadia Minerals Ltd ( (TSE:CAM) ) just unveiled an update.

Cascadia Minerals Ltd has announced shares for debt settlements following its acquisition of Granite Creek Copper Ltd. The company will issue shares to settle change of control payments and other debts related to the acquisition, subject to TSXV approval. This strategic move is part of Cascadia’s efforts to integrate Granite Creek’s assets, potentially enhancing its position in the copper and gold exploration industry.

More about Cascadia Minerals Ltd

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

Average Trading Volume: 332,847

Technical Sentiment Signal: Hold

Current Market Cap: C$11.37M

For a thorough assessment of CAM stock, go to TipRanks’ Stock Analysis page.

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