NewPeak Metals Ltd. (AU:NPM) has released an update.
NewPeak Metals Ltd. has strategically expanded its portfolio by acquiring the Treuer Range Uranium-Vanadium Project in Australia, aiming to bolster its position in the critical minerals market. The deal involves the issuance of shares and a royalty agreement, with NewPeak planning an extensive exploration program to establish JORC-compliant mineral resources. This acquisition complements NewPeak’s recent investments in the critical mineral sector and is supported by successful capital raisings and asset sales.
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