Moon River Capital Ltd. (TSE:MOO) has released an update.
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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.
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