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Metalsource Mining Increases Monthly Fee in Amended ITG Marketing Agreement

Story Highlights
  • Metalsource Mining amended its ITG marketing deal, lifting the monthly fee.
  • The higher marketing spend may boost Metalsource’s visibility as it advances Aruba exploration.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Metalsource Mining Increases Monthly Fee in Amended ITG Marketing Agreement

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Silverfish Resources, Inc. ( (TSE:MSM) ) has provided an update.

Metalsource Mining Inc. has amended its marketing agreement with Independent Trading Group, raising the monthly fee from $5,000 to $6,500 while leaving all other terms unchanged. The revised arrangement, with an arm’s-length and unaffiliated counterparty that holds no interest in Metalsource’s securities, signals the company’s willingness to increase its marketing spend as it advances exploration of its Aruba Property in Botswana, potentially enhancing its market visibility and investor outreach during a critical phase of its project development.

More about Silverfish Resources, Inc.

Metalsource Mining Inc. is a mineral exploration and development company focused on acquiring, exploring and advancing precious and base metal properties. Its primary asset is the Aruba Property in the Kalahari Desert region of Botswana, a 4,663-square-kilometre land package prospective for platinum group metals, gold, silver and manganese.

Average Trading Volume: 250,544

Technical Sentiment Signal: Buy

Current Market Cap: C$63.05M

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

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