Kenorland Minerals (TSE:KLD) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.
For further insights into TSE:KLD stock, check out TipRanks’ Stock Analysis page.