Caravan Energy Corp. (TSE:NTMC) has released an update.
Neotech Metals Corp. has successfully acquired the Hecla-Kilmer Rare-Earth Elements and Niobium project, enhancing its footprint in the critical metals sector. The strategic move, involving $1,000,000 in cash and 4,000,000 common shares with staggered resale restrictions, promises to cement Neotech’s position as a leader in REE exploration and development. The Hecla-Kilmer project, located near top-tier infrastructure, is distinguished by a unique mineralized setting with a high concentration of Permanent-Magnet Rare Earth Oxides.
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