Mosaic Minerals Inks Deal with Castlebar Capital
Company Announcements

Mosaic Minerals Inks Deal with Castlebar Capital

Mosaic Minerals Corp (TSE:MOC) has released an update.

Mosaic Minerals Corporation has signed an option agreement with Castlebar Capital to potentially sell up to a 100% interest in its Lichen Project, which spans 15,622 hectares near the Chibougamau mining camp. Castlebar can earn up to a 50% stake through cash payments totaling $205,000 and the issuance of 1,350,000 shares to Mosaic. This deal marks Castlebar’s Qualifying Transaction in the TSX Venture Exchange’s Capital Pool Company program.

For further insights into TSE:MOC stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Canadian Auto-Generated NewsdeskMosaic Minerals Acquires Full Rights to Amanda Project
TipRanks Canadian Auto-Generated NewsdeskMosaic Minerals Eyes Sale of Lichen Project
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App