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An update from Fulcrum Metals Plc ( (GB:FMET) ) is now available.
Fulcrum Metals plc has extended the closing date for the sale of its 100% interest in the Tully Gold Project to Loyalist Exploration Limited until September 30, 2025. The extension allows Loyalist more time to complete a fundraising effort of CAD$1,500,000, and includes an additional consideration of CA$50,000 payable to Fulcrum upon Loyalist raising an extra CA$500,000. This transaction aligns with Fulcrum’s strategy to divest exploration assets and focus on developing its gold tailings projects, while maintaining exposure to potential upside through shareholding and royalty structures.
More about Fulcrum Metals Plc
Fulcrum Metals plc is a technology-led company focused on the recovery of precious metals from mine tailings in Canada. The company operates in the mining sector and is listed on the AIM market.
Average Trading Volume: 380,512
Technical Sentiment Signal: Sell
For an in-depth examination of FMET stock, go to TipRanks’ Overview page.