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Colossus Resources Corp. ( (TSE:CLUS) ) has shared an update.
Colossus Resources Corp. has announced the termination of its Option Agreement to acquire the Calvario and Mirador Copper Porphyry projects in Chile. Additionally, the company will not proceed with a previously announced non-brokered private placement, and has closed another placement with no further tranches expected. These decisions may impact the company’s strategic direction and financial planning, potentially affecting its market positioning and stakeholder interests.
More about Colossus Resources Corp.
Colossus Resources Corp. is a junior mineral exploration company focused on acquiring, discovering, and advancing high-quality copper-gold projects to maximize shareholder value.
Average Trading Volume: 16,126
Technical Sentiment Signal: Sell
See more insights into CLUS stock on TipRanks’ Stock Analysis page.