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An announcement from EDM Resources Inc ( (TSE:EDM) ) is now available.
EDM Resources Inc. has successfully closed a silver royalty sale with Silver Crown Royalties Inc., receiving an initial payment of C$250,000 and 60,000 units in Silver Crown. This agreement, which excludes other minerals produced at Scotia Mine, strengthens EDM’s financial position and potentially enhances its market presence through strategic collaboration with Silver Crown.
More about EDM Resources Inc
EDM Resources Inc. is a Canadian exploration and mining company with full ownership of the Scotia Mine and related facilities near Halifax, Nova Scotia. The company also holds several prospective exploration licenses in the surrounding regions of Nova Scotia. EDM’s common shares are traded on the TSX Venture Exchange and the Frankfurt Exchange.
Average Trading Volume: 108,570
Technical Sentiment Signal: Sell
Current Market Cap: C$4.27M
For an in-depth examination of EDM stock, go to TipRanks’ Overview page.