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The latest update is out from Penbar Capital Ltd. ( (TSE:EVI) ).
Eastport Critical Metals Corp. has closed out 2025 with the completion of its qualifying transaction with Penbar Capital, an oversubscribed financing and admission to the TSX Venture Exchange, alongside the launch of Phase 1 drilling programs at its Matsitama copper, Semarule rare earths and Foley uranium projects in Botswana. Management has laid out a 2026 strategy that blends advancing exploration with “develop and distribute” corporate transactions to limit balance sheet exposure, pursuing potential secondary listings to broaden international market access, and concentrating capital on a single anchor asset, positioning the company to leverage favourable commodity and funding conditions while seeking to enhance long-term shareholder value.
More about Penbar Capital Ltd.
Eastport Critical Metals Corp. is a Botswana-focused critical minerals developer advancing a portfolio of five projects targeting copper, rare earth elements, uranium, nickel, cobalt and PGEs, with roughly $20 million in historical and current expenditures. Its flagship Matsitama Copper Project sits within the Matsitama copper district, complemented by the Selebi East nickel-copper-cobalt property, the Semarule rare earths project, the Foley uranium project adjacent to the Letlhakane deposit, and the Keng nickel-copper-PGE asset, all located in Botswana, a jurisdiction noted for mining stability and strong investment attractiveness.
Average Trading Volume: 50,373
Technical Sentiment Signal: Buy
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