tiprankstipranks
Trending News
More News >

Loyalist Exploration Secures Gold Rush Property and Extends Financing Initiatives

Story Highlights
  • Loyalist Exploration enters an agreement to gain full interest in the Gold Rush property.
  • The company extends financing efforts and adjusts agreements to support strategic goals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Loyalist Exploration Secures Gold Rush Property and Extends Financing Initiatives

Confident Investing Starts Here:

PNG Copper Inc ( (TSE:PNGC) ) has shared an update.

Loyalist Exploration Limited has entered into a definitive agreement to earn a 100% interest in the Gold Rush property located in the Timmins Mining District, Ontario. This agreement involves a series of payments, share issuances, and exploration expenditures over three years, along with granting a net smelter returns royalty to the Optionor. Additionally, Loyalist has extended the closing date for its agreement with STLLR Gold Inc. and increased the number of shares issuable. The company has also issued promissory notes and extended the closing date for its non-brokered private placement, indicating active financial maneuvers to support its strategic initiatives.

More about PNG Copper Inc

Average Trading Volume: 275,045

Technical Sentiment Signal: Buy

Current Market Cap: C$952.7K

For a thorough assessment of PNGC stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1