tiprankstipranks
Everest Metals Ends Deal with Red X Resources
Company Announcements

Everest Metals Ends Deal with Red X Resources

Everest Metals Corporation Limited (AU:EMC) has released an update.

Don't Miss our Black Friday Offers:

Everest Metals Corporation Ltd (EMC) has terminated its Term Sheet with Red X Resources Ltd for the spin-out of its uranium projects due to unmet conditions. The company remains committed to its strategy of spinning out its uranium assets and is exploring opportunities for an IPO or RTO. EMC, an ASX-listed company, is known for its portfolio of gold, silver, base metals, and critical minerals projects in top-tier mining jurisdictions in Australia.

For further insights into AU:EMC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Australian Auto-Generated NewsdeskEverest Metals Corporation to Launch Gold Processing
TipRanks Australian Auto-Generated NewsdeskEverest Metals Issues Performance Rights to Boost Workforce
TipRanks Australian Auto-Generated NewsdeskEverest Metals Unveils High-Grade Gold at Revere Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App