Eros Resources Finalizes Bell Mountain Project Sale to Lincoln Gold

The latest announcement is out from Eros Resources ( (TSE:ERC) ).

Eros Resources Corp. has successfully completed the sale of its Bell Mountain gold project in Churchill County, Nevada, to Lincoln Gold Mining Inc. As part of the transaction, Eros received 3,000,000 common shares of Lincoln and will also gain a 7.5% net profits interest from the project’s gold and silver production, up to a maximum of US$2,000,000. This strategic divestment aligns with Eros’s business objectives and strengthens their investment portfolio, potentially enhancing their market position in the mining industry.

More about Eros Resources

Eros Resources Corp. is a Canadian public company listed on the Toronto Venture Exchange, focused on identifying, acquiring, and exploring advanced-stage projects primarily in North America. The company is also involved in making strategic investments with a global focus on a diverse commodity base.

YTD Price Performance: 0%

Average Trading Volume: 88,263

Technical Sentiment Consensus Rating: Sell

Current Market Cap: C$4.89M

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