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Inomin Mines Inc ( (TSE:MINE) ) has provided an update.
Inomin Mines Inc. has received final approval for its earn-in and joint venture agreement with Sumitomo Metal Mining Canada Ltd., allowing Sumitomo to earn up to an 80% interest in the Beaver-Lynx project in British Columbia. The transaction, which was overwhelmingly approved by shareholders and the TSX Venture Exchange, marks a significant step in Inomin’s strategic operations, potentially enhancing its market position and offering new opportunities for stakeholders.
More about Inomin Mines Inc
Inomin Mines Inc. is engaged in the identification, acquisition, and exploration of mineral properties with a focus on critical minerals, gold, and silver. The company is listed on the TSX Venture Exchange under the symbol MINE.
Average Trading Volume: 88,198
Technical Sentiment Signal: Sell
Current Market Cap: C$1.69M
Learn more about MINE stock on TipRanks’ Stock Analysis page.