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Newfoundland Discovery Settles Debt with Asset Transfer

Newfoundland Discovery Settles Debt with Asset Transfer

Newfoundland Discovery Corp (TSE:NEWD) has released an update.

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Newfoundland Discovery Corp has entered into a settlement agreement with Planet X Exploration Services Ltd, effectively transferring its mineral claims on the Rodger’s Cove Property in exchange for a debt release of $477,770.50. The Canadian mining exploration company, known for its lithium prospects and precious metal projects, continues to focus on mineral asset development in key Canadian mining districts.

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

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