Castillo Copper Ltd. (AU:CCZ) has released an update.
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Castillo Copper Ltd. has announced the strategic sale of its Cangai Copper Mine to Infinity Mining, marking the company’s second value-unlocking transaction of the year. The deal, which is contingent on due diligence and regulatory approvals, will see Castillo Copper become a significant shareholder in Infinity Mining through the acquisition of shares and options. This divestment aligns with Castillo Copper’s strategy to optimize its non-core asset portfolio and concentrate on its primary NWQ Copper Project.
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