Gold Hunter Resources, Inc. (TSE:HUNT) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Gold Hunter Resources Inc. has finalized the sale of its subsidiary to Firefly Metals Ltd., transferring ownership of numerous mineral claims in Newfoundland & Labrador for approximately 30 million Firefly shares valued at CDN$15 million. This strategic move aims to enrich shareholder value and signals a promising new phase for the Baie Verte Peninsula’s mining industry, with Gold Hunter now focusing on pursuing other valuable projects.
For further insights into TSE:HUNT stock, check out TipRanks’ Stock Analysis page.