Neotech Metals Expands Portfolio with Hecla-Kilmer Acquisition

Caravan Energy Corp. (TSE:NTMC) has released an update.

Neotech Metals Corp. has entered a strategic acquisition, securing the Hecla-Kilmer Project in Ontario, known for its Rare-Earth Elements, niobium, and phosphate resources. The deal includes an initial $600,000 cash payment, an additional $400,000 at closing, and 4 million common shares staggered over two years. This key addition fortifies Neotech’s portfolio in the quest for transitional metals, offering potential for new discoveries in a region with excellent infrastructure.

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