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Kenadyr Metals ( ($TSE:KEN.H) ) has provided an update.
Kenadyr Metals has signed a definitive agreement to acquire 100% of Exploraciones Margarita S.A. de C.V., which holds an 80% interest in the Cerro Grande copper-gold-silver skarn discovery in Sonora, Mexico. This acquisition is a strategic move to enhance Kenadyr’s portfolio of high-grade copper assets, positioning the company to benefit from the global energy transition and established regional infrastructure. The transaction involves a combination of cash and common shares, with further equity considerations contingent on future financing activities.
More about Kenadyr Metals
Kenadyr Metals Corp. operates in the mining industry, focusing on the acquisition and development of high-grade copper assets in North America. The company aims to support the global energy transition by leveraging strong regional infrastructure and a skilled workforce.
YTD Price Performance: 287.64%
Average Trading Volume: 13,635
Technical Sentiment Signal: Hold
Current Market Cap: C$5.59M
For an in-depth examination of KEN.H stock, go to TipRanks’ Overview page.