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The latest update is out from Copperhead Resources, Inc. ( (TSE:CUH) ).
Copperhead Resources Inc. announced an amendment to its agreement with Romios Gold Resources Inc., allowing Copperhead to acquire a 75% interest in the Red Line Project. To fulfill the agreement, Copperhead must increase exploration expenditures, issue additional shares, and make a cash payment by specified deadlines. The amendment includes the issuance of 300,000 common shares to Romios Gold, which are subject to a lock-up period. This development enables Copperhead to further its strategic goals in mineral exploration and strengthen its position in the industry.
More about Copperhead Resources, Inc.
Copperhead Resources Inc. is a mineral resource company involved in acquiring and exploring mineral resource properties, with a primary focus on the exploration and development of the Red Line Project in British Columbia, Canada. The company aims to locate and develop precious metals and may evaluate other mineral properties in various jurisdictions.
YTD Price Performance: 0%
Average Trading Volume: 162,581
Technical Sentiment Consensus Rating: Strong Buy
For detailed information about CUH stock, go to TipRanks’ Stock Analysis page.