Castillo Copper Ltd. (AU:CCZ) has released an update.
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Castillo Copper Ltd. streamlined their asset portfolio by selling two non-core exploration licenses to Rimfire Pacific Mining, with part of the proceeds paid in Rimfire shares now valued at approximately $417,000. The company also underwent a corporate restructuring with the appointment of two new Non-Executive Directors, Eduardo Robaina and Joel Logan, following the departure of two former directors. These strategic moves are aimed at optimizing capital allocation and focusing on advancing the company’s core project in the Mount Isa copper belt.
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