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Centerra Gold Boosts Stake in Headwater Gold Inc.

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Centerra Gold Boosts Stake in Headwater Gold Inc.

Headwater Gold (TSE:HWG) has released an update.

Confident Investing Starts Here:

Headwater Gold Inc. has announced a strategic investment by Centerra Gold, with the latter acquiring 9.9% of Headwater’s shares at a premium price, reflecting strong confidence in Headwater’s business strategy and technical capabilities. The investment will bolster Headwater’s treasury by over $4 million, enabling the acceleration of exploration activities in Nevada’s gold-rich regions.

For further insights into TSE:HWG stock, check out TipRanks’ Stock Analysis page.

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