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Mogotes Metals Inc. ( (TSE:MOG) ) just unveiled an announcement.
Mogotes Metals Inc. has completed the acquisition of a 100% interest in the Filo Sur project from Golden Arrow Resources Corp. The transaction involved a payment of $550,000 and the issuance of over 10 million common shares to Golden Arrow. Additionally, Mogotes invested $450,000 in Golden Arrow through a private placement. This acquisition strengthens Mogotes’ position in the mineral-rich Vicuña district, potentially enhancing its exploration capabilities and market presence.
More about Mogotes Metals Inc.
Mogotes Metals Inc. is a mineral exploration company focused on copper and gold in the Vicuña district of Argentina and Chile. Their flagship project, Filo Sur, is strategically located near significant copper-gold-silver discoveries and deposits in the region.
YTD Price Performance: -13.79%
Average Trading Volume: 334,632
Technical Sentiment Signal: Strong Buy
Current Market Cap: C$25.24M
See more insights into MOG stock on TipRanks’ Stock Analysis page.