Orosur Mining (TSE:OMI) has released an update.
Orosur Mining Inc. has announced its unaudited results for the first quarter ending August 31, 2024, with a focus on regaining 100% ownership of the Anza gold project in Colombia through a deal with Newmont and Agnico. The company also reported a financial update, including a cash balance increase to $1.15 million and a recent fundraising of £835,000 through a share placing. Additionally, Orosur is advancing environmental studies in Argentina and managing its creditors’ agreement in Uruguay, while cautiously proceeding with its Nigerian project amid fluctuating lithium prices.
For further insights into TSE:OMI stock, check out TipRanks’ Stock Analysis page.
