Hemlo Explorers (TSE:HMLO) has released an update.
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Northfield Capital Corporation has entered into an agreement with Hemlo Explorers Inc. to sell its shares in Rocky Shore Metals Ltd., marking a significant transaction involving share exchanges and regulatory approvals. The deal, which is classified as a related party transaction due to overlapping directorships and shareholdings, is set to proceed following necessary approvals and is expected to benefit Northfield Capital through substantial acquisition of Hemlo Shares.
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