tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cullen Resources and Capella Minerals Forge Strategic Exploration Partnership with Tümad Madencilik

Story Highlights
Cullen Resources and Capella Minerals Forge Strategic Exploration Partnership with Tümad Madencilik

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.

An announcement from Cullen Resources Limited ( (AU:CUL) ) is now available.

Cullen Resources Limited, in collaboration with Capella Minerals Limited, has announced a significant exploration agreement with Turkish mining company Tümad Madencilik. This partnership focuses on copper-gold projects in Northern Finland, with Capella managing the joint venture and holding a 70% interest, while Cullen retains a 30% stake. The agreement allows Tümad to earn into Capella’s Scandinavian projects, expanding its international presence. This strategic partnership is expected to enhance exploration and development efforts, leveraging Capella’s expertise in Scandinavia and Tümad’s successful mining operations.

More about Cullen Resources Limited

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.77M

Learn more about CUL stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1