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The latest announcement is out from Golden Rapture Mining Corporation ( (TSE:GLDR) ).
Golden Rapture Mining Corporation has entered into a multi-million dollar earn-in and joint venture agreement with Mine CA Gold Ltd, granting the latter an option to acquire up to a 75% interest in the Phillips Township Gold Project in Ontario. This partnership allows Golden Rapture to accelerate the development of the property without raising additional funds or facing dilution, while Mine CA Gold will take over as the operator of future exploration expenditures and programs.
More about Golden Rapture Mining Corporation
Golden Rapture Mining Corporation is a newly listed exploration company focused on the acquisition, exploration, and development of high-potential gold projects. The company operates three projects, including the Phillips Township Gold Project, Bully Boy Mine, and Hutchison Mine, which are past-producing high-grade gold systems.
Average Trading Volume: 162,137
Technical Sentiment Signal: Sell
Find detailed analytics on GLDR stock on TipRanks’ Stock Analysis page.