Golden Ridge Resources Ltd (TSE:GLDN) has released an update.
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Golden Ridge Resources Ltd. is advancing towards finalizing its acquisition of an 80% interest in the Brazilian mining company MM Group Ltda., a move that could lead to a reverse takeover. The completion of this strategic acquisition is contingent on regulatory approvals, including from the TSX Venture Exchange, with Golden Ridge shares currently halted from trading until the transaction is either completed or abandoned.
For further insights into TSE:GLDN stock, check out TipRanks’ Stock Analysis page.
