Noronex Ltd. (AU:NRX) has released an update.
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Noronex Ltd has announced a $15 million Earn-in Agreement with South32, securing funding for extensive exploration in Namibia’s Kalahari Copper Belt. This partnership accelerates exploration at the Humpback-Damara Project and initiates a Strategic Alliance for copper and base metal projects. Additionally, Noronex has strengthened its portfolio by acquiring control of various projects and completing capital raising to support upcoming explorations.
For further insights into AU:NRX stock, check out TipRanks’ Stock Analysis page.