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The latest announcement is out from Golden Ridge Resources Ltd ( (TSE:GLDN) ).
Golden Ridge Resources Ltd. has announced the termination of its share exchange agreement to acquire a majority interest in Brazilian mining producer MM Group Ltda. The company is currently working with the TSX Venture Exchange to reinstate trading of its common shares, with further updates on the resumption date to be provided in a future release. This decision may impact the company’s strategic direction and market positioning, as it continues to focus on its existing mineral properties in Canada.
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 located in the Golden Triangle district of British Columbia and the Williams gold property in the Central Newfoundland Gold Belt.
Technical Sentiment Signal: Sell
Current Market Cap: C$2.34M
For detailed information about GLDN stock, go to TipRanks’ Stock Analysis page.