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Brascan Gold, Inc. ( (TSE:NORD) ) just unveiled an update.
Nordique Resources Inc., a company involved in the mineral resources industry, has successfully acquired a 100% interest in the Fairview Project located in south-central British Columbia. This acquisition was completed through an agreement with arm’s-length vendors, resulting in the issuance of 4,800,000 units consisting of common shares and purchase warrants. This move is a strategic expansion by Nordique in the mineral exploration field, potentially enhancing its asset base and market presence. The company plans to file a technical report on the project, which will adhere to the necessary regulatory standards, and all securities from the acquisition will have resale restrictions until certain conditions are met.
More about Brascan Gold, Inc.
YTD Price Performance: 18.18%
Average Trading Volume: 33,616
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$1.3M
For detailed information about NORD stock, go to TipRanks’ Stock Analysis page.