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Australian Gold & Copper Ltd. ( (AU:AGC) ) has shared an update.
Eastern Metals Limited has entered into a binding agreement to sell its Browns Reef Project tenements to Australian Gold and Copper Ltd. This strategic move will allow Eastern Metals to benefit from immediate financial returns and retain a stake in the project through shares in AGC, potentially enhancing shareholder value and creating synergies with AGC’s South Cobar Project.
More about Australian Gold & Copper Ltd.
Average Trading Volume: 212,966
Technical Sentiment Signal: Hold
Current Market Cap: A$39.77M
For detailed information about AGC stock, go to TipRanks’ Stock Analysis page.