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Mogotes Metals Inc. ( (TSE:MOG) ) has provided an update.
Mogotes Metals Inc. has issued 2,310,579 common shares to Compañía Minera del Pacifico S.A. as part of a mining option and exploration contract. This issuance, priced at $0.3025 per share, fulfills a portion of the payment obligation within 12 months of the agreement, potentially strengthening Mogotes’ operational and strategic positioning in the mineral exploration sector.
More about Mogotes Metals Inc.
Mogotes Metals Inc. is a mineral exploration company focused on copper and gold exploration in the Vicuña district of Argentina and Chile. The company’s flagship project, Filo Sur, is strategically located near significant copper-gold-silver discoveries, enhancing its potential in the region.
Average Trading Volume: 478,868
Technical Sentiment Signal: Buy
Current Market Cap: C$101.5M
For detailed information about MOG stock, go to TipRanks’ Stock Analysis page.