Kenorland Minerals (TSE:KLD) has released an update.
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Kenorland Minerals Ltd. has reported the successful completion of a ‘top-up right’ exercise by Sumitomo Metal Mining Canada Ltd. and Centerra Gold Inc., allowing them to maintain their existing ownership percentages in Kenorland. The move involved the issuance of 322,640 common shares for a total of $338,772, subject to a statutory hold period. This transaction is part of Kenorland’s strategy to further its exploration partnerships and project generation in North America.
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