Cruz Capital (TSE:CRUZ) has released an update.
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Cruz Battery Metals announces the spin-out of its Hector Silver-Cobalt Project through its subsidiary, Makenita Resources, which will become a separate entity on December 23, 2024. Shareholders will receive shares in both Cruz and the new Makenita company, as Cruz focuses on its lithium and cobalt projects in the U.S.
For further insights into TSE:CRUZ stock, check out TipRanks’ Stock Analysis page.