Kenorland Minerals (TSE:KLD) has released an update.
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Kenorland Minerals has completed a transaction allowing Sumitomo and Centerra to maintain their respective stakes in the company through a top-up right, issuing over 63,000 shares at $1.0492 each. This transaction, involving related parties, did not require formal valuation or minority shareholder approval under specific exemptions. Kenorland continues its focus on mineral exploration projects in North America, leveraging partnerships for early-stage discoveries.
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