Moon River Capital Ltd. (TSE:MOO) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Moon River Capital Ltd. is set to finalize the acquisition of a 25% stake in the Endako Molybdenum Mine Complex in British Columbia, enhancing the company’s standing in the molybdenum sector. This strategic move complements Moon River’s existing Davidson Property, promising to strengthen their portfolio in the critical minerals market. The deal, which includes a significant funding package from Sojitz Corporation for environmental and maintenance costs, is expected to close within 60 days.
For further insights into TSE:MOO stock, check out TipRanks’ Stock Analysis page.