New Break Resources Ltd. (TSE:NBRK) has released an update.
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New Break Resources has signed a letter of intent to sell its 100% interest in Sundog Gold Project to Guardian Exploration Inc. for cash and shares, while retaining a 20% stake in the project. This deal, expected to close by February 2025, will allow New Break to focus on its Moray gold project, enhancing its financial position.
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