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NewPeak Metals Terminates AusVan Acquisition and Announces Director Resignation

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NewPeak Metals Ltd. ( (AU:NPM) ) has provided an announcement.

NewPeak Metals Ltd has decided to terminate its acquisition of AusVan Battery Metals Pty Ltd after completing due diligence on the proposed transaction. Additionally, Emma Fairhurst, a Non-Executive Director of NewPeak and Director of AusVan, has resigned from her position at NewPeak. These developments may impact NewPeak’s strategic direction and stakeholder relations as they navigate changes in their project portfolio and leadership.

More about NewPeak Metals Ltd.

NewPeak Metals Ltd is a company involved in the mining and exploration industry, focusing on acquiring and developing mineral projects. The company is engaged in exploring opportunities within the vanadium sector, particularly in Queensland, Australia.

YTD Price Performance: 20.0%

Average Trading Volume: 203,719

Technical Sentiment Signal: Buy

Current Market Cap: A$3.86M

Learn more about NPM stock on TipRanks’ Stock Analysis page.

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