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Palisades Goldcorp Completes Acquisition of Radio Fuels, Expanding Junior Mining Investments

Story Highlights
  • Palisades Goldcorp acquired Radio Fuels to enhance its junior mining investments.
  • The deal positions Palisades for growth in the resource sector with strategic management changes.
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Palisades Goldcorp Completes Acquisition of Radio Fuels, Expanding Junior Mining Investments

Palisades Goldcorp Ltd. ( (TSE:PALI) ) has issued an announcement.

Palisades Goldcorp Ltd. has acquired all shares of Radio Fuels Energy Corp., creating a leading resource investment company in the junior mining sector. The transaction, which resulted in Radio Fuels becoming a wholly-owned subsidiary, positions Palisades to capitalize on anticipated equity price increases in the resource sector, with strategic management changes to focus on new investment opportunities.

More about Palisades Goldcorp Ltd.

Palisades Goldcorp Ltd. is a Canadian publicly-listed resource investment company focused on junior mining. With a portfolio valued at over $130 million in resource equities, Palisades also has exposure to gold through its mineral claims in Nevada and uranium via its interest in the Eco Ridge Project.

YTD Price Performance: 29.87%

Average Trading Volume: 11,871

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$69.28M

For an in-depth examination of PALI stock, go to TipRanks’ Stock Analysis page.

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