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Golden Ridge Announces Strategic Acquisition in Brazil

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Golden Ridge Announces Strategic Acquisition in Brazil

Golden Ridge Resources Ltd (TSE:GLDN) has released an update.

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Golden Ridge Resources Ltd. plans to acquire an 80% stake in Brazilian mining company MM Group Ltda., marking a significant move in the company’s strategy. This transaction, subject to regulatory approvals, is expected to be a reverse takeover, potentially transforming Golden Ridge’s business operations.

For further insights into TSE:GLDN stock, check out TipRanks’ Stock Analysis page.

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