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Kuniko Ltd. ( (AU:KNI) ) just unveiled an announcement.
Kuniko Ltd. has entered into a binding Earn-in and Joint Venture Agreement with Impact Minerals to acquire up to 70% of the Commonwealth Gold-Silver Project in New South Wales, a significant step in expanding its precious metals portfolio. This strategic move, supported by a rights issue and capital management initiatives, positions Kuniko to capitalize on the industrial importance of silver in clean energy technologies and gold’s value preservation, with plans to commence drilling and technical work in the near term.
More about Kuniko Ltd.
Kuniko Ltd. operates in the mining industry, focusing on advancing silver, gold, and base metals projects in Australia and battery metals projects in Europe. The company targets critical and strategic minerals essential for energy transition and security, ensuring ethical sourcing in its operations.
Average Trading Volume: 66,137
Technical Sentiment Signal: Sell
See more data about KNI stock on TipRanks’ Stock Analysis page.