Megado Gold Ltd. (AU:MEG) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Megado Minerals Limited has announced an exploration agreement with Iluka’s subsidiary for the North Fork Rare Earth Project in Idaho. The agreement comprises three payment tranches, beginning with an initial A$500,000 for a two-year exploration right, potentially leading to a full purchase and subsequent revenue-based payments. This strategic move could significantly bolster Megado’s financial standing if the project yields profitable resources.
For further insights into AU:MEG stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue