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Golden Ridge Resources Ltd ( (TSE:GLDN) ) just unveiled an announcement.
Golden Ridge Resources Ltd. announced the resumption of trading of its common shares on the TSX Venture Exchange, following the termination of a proposed transaction with MM Group Ltda. The company had previously halted trading voluntarily due to this transaction, which involved a loan of $429,325 to MMG, secured against MMG’s assets. The resumption of trading marks a return to normal operations for Golden Ridge, potentially stabilizing its market position and providing clarity to stakeholders.
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 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
Learn more about GLDN stock on TipRanks’ Stock Analysis page.