X1 Esports and Entertainment Ltd. ( (TSE:MILI) ) has shared an announcement.
Military Metals Corp., a company involved in mineral exploration, has announced a definitive agreement to acquire additional claims at its West Gore Antimony Project in Nova Scotia, Canada. This acquisition will consolidate the mineralized area, enhancing the company’s coverage of the antimony-gold system, which has historical significance dating back to World War One. The transaction involves a $235,000 purchase spread over two years and includes a 3% Net Smelter Royalty to ExplORE Resources Ltd. With this expansion, Military Metals aims to unlock future value by fully exploring the historical mine workings and antimony-gold occurrences.
More about X1 Esports and Entertainment Ltd.
YTD Price Performance: 20.83%
Average Trading Volume: 1,176,716
Technical Sentiment Consensus Rating: Sell
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