tiprankstipranks
Trending News
More News >

Loyalist Exploration to Acquire Loveland Nickel Property in Timmins

Story Highlights
Loyalist Exploration to Acquire Loveland Nickel Property in Timmins

Confident Investing Starts Here:

PNG Copper Inc ( (TSE:PNGC) ) has provided an announcement.

Loyalist Exploration Limited has announced a binding letter of intent with STLLR Gold Inc. to acquire a 100% interest in the Loveland Nickel/Copper/Gold property in the Timmins Mining District. This acquisition includes significant historical mineral resources and gold assays, enhancing Loyalist’s exploration potential. The deal involves a cash payment, issuance of shares, and a net smelter royalty arrangement, positioning Loyalist to consolidate its understanding of the property and commence further exploration, potentially impacting its market position and stakeholder interests.

More about PNG Copper Inc

Loyalist Exploration Limited is a company operating in the mining industry, focusing on the exploration and acquisition of mineral properties. The company’s primary products include nickel, copper, and gold, with a market focus on expanding its mineral resource base and exploration activities.

Average Trading Volume: 389,725

Technical Sentiment Consensus Rating: Buy

Current Market Cap: C$1.91M

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