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Nevada Sunrise Divests Stake in Gold Project

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Nevada Sunrise Divests Stake in Gold Project

Nevada Sunrise Gold (TSE:NEV) has released an update.

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Nevada Sunrise Metals Corp. has successfully completed the sale of its 18.74% stake in the Kinsley Mountain Gold Project to CopAur Minerals Inc., receiving CAD$475,000 in cash and 1 million common shares of CopAur. The transaction not only bolsters Nevada Sunrise’s assets with a significant cash infusion and equity interest in CopAur but also allows the company to focus on its primary lithium and copper exploration endeavors in Nevada and Saskatchewan.

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

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