Chesapeake Gold (TSE:CKG) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Chesapeake Gold Corp. has struck a deal to purchase exclusive intellectual property rights to a leaching technology from Hycroft Mining Holding Corporation for C$2 million and over a million of its common shares. The acquisition will terminate Alderley Gold Corp.’s existing license, removing the need for future payments and royalty obligations to Hycroft. This strategic move aligns with Chesapeake’s vision to enhance its technology capabilities and advance its gold-silver project developments in the Americas.
For further insights into TSE:CKG stock, check out TipRanks’ Stock Analysis page.