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GPM Metals Corrects Agreement Details, Moves Forward

GPM Metals Corrects Agreement Details, Moves Forward

GPM Metals (TSE:GPM) has released an update.

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GPM Metals Inc. has announced a correction to a prior press release regarding its Sale and Purchase Agreement with RTX, which is set to replace the existing Farm-in Agreement. The corrected details pertain to a contingent payment related to the definition of a significant Mineral Resource or a decision to mine, with approvals pending from the relevant Northern Territory authorities. The company is also transferring exploration licenses to its subsidiary DPG Resources Australia Pty Ltd to streamline future exploration activities.

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

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