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The latest announcement is out from Kenadyr Metals ( ($TSE:KEN.H) ).
Kenadyr Metals announced its rebranding to Algo Grande Copper Corp. and its strategy to secure 100% ownership of the Adelita Project, a significant copper-gold-silver opportunity in the Sonora–Arizona Copper Belt. The company is launching a $3 million financing initiative to fund exploration and growth, with a veteran team led by Dr. Peter Megaw and Gord Neal joining the board to drive the company’s North America-focused high-grade copper strategy. The Adelita Project, with its strategic location and infrastructure, is poised for development with multiple high-priority exploration targets and a scheduled inaugural drill program for fall 2025.
More about Kenadyr Metals
Kenadyr Metals, soon to be renamed Algo Grande Copper Corp., operates in the mining industry with a focus on high-grade copper exploration and development. The company is concentrating on the Adelita Project, located in the Sonora–Arizona Copper Belt, and aims to leverage modern, data-driven exploration techniques to enhance shareholder value.
YTD Price Performance: 394.38%
Average Trading Volume: 11,632
Technical Sentiment Signal: Buy
Current Market Cap: C$8.2M
See more insights into KEN.H stock on TipRanks’ Stock Analysis page.