Great Northern Minerals Limited (AU:GNM) has released an update.
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Great Northern Minerals Limited has achieved the second stage of its earn-in agreement with Great Eastern Gold Ltd, receiving $500,000 and reducing its holding in Golden Ant to 72.5%. This transaction contributes significant working capital for GNM’s Finnish projects and other opportunities, while Golden Ant progresses toward production, which is expected to benefit GNM’s remaining interest post Phase 4.
For further insights into AU:GNM stock, check out TipRanks’ Stock Analysis page.