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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.