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Golden Ridge Resources Ltd ( (TSE:GLDN) ) has issued an announcement.
Golden Ridge Resources Ltd. has announced the filing of a statement with the TSX Venture Exchange regarding its acquisition of an 80% interest in MM Group Ltda., marking a significant step in a reverse takeover transaction. This strategic move positions Golden Ridge as a fully integrated, revenue-generating entity in the iron ore trading, logistics, and mining sectors, potentially enhancing its market presence and operational capabilities.
More about Golden Ridge Resources Ltd
Golden Ridge Resources Ltd. is a TSXV listed exploration company focused on acquiring and advancing mineral properties in British Columbia and Newfoundland. The company holds a 100% interest in the Hank copper-gold-silver-lead-zinc property in British Columbia’s Golden Triangle district and the Williams gold property in Newfoundland’s Central Newfoundland Gold Belt.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$2.34M
For a thorough assessment of GLDN stock, go to TipRanks’ Stock Analysis page.
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