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Landore Resources Expands BAM Gold Project with New Acquisition

Story Highlights
  • Landore Resources operates in mining, focusing on the BAM Gold Project in Ontario.
  • The company completed a tax-efficient acquisition of mineral claims to expand its flagship project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Landore Resources Expands BAM Gold Project with New Acquisition

Confident Investing Starts Here:

The latest announcement is out from Landore Resources ( (GB:LND) ).

Landore Resources Limited has completed the acquisition of additional mineral claims adjacent to its BAM Gold Project in Ontario, Canada. The acquisition was structured to maximize tax efficiency by purchasing the BAM Extensions directly from the vendor, rather than acquiring the holding company, ensuring the expansion of their flagship project without altering other terms of the deal.

More about Landore Resources

Landore Resources Limited operates in the mining industry, focusing on mineral exploration and development. Its primary project is the BAM Gold Project located at the Junior Lake Property in Ontario, Canada.

YTD Price Performance: 1.23%

Average Trading Volume: 508,904

Technical Sentiment Signal: Hold

Current Market Cap: £13.74M

See more insights into LND stock on TipRanks’ Stock Analysis page.

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