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Platina Resources Completes Acquisition of Mt McKenna Project

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Platina Resources Completes Acquisition of Mt McKenna Project

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Platina Resources Limited ( (AU:PGM) ) just unveiled an update.

Platina Resources Limited has completed the acquisition of Jasper Exploration Pty Ltd, which owns the Mt McKenna Project in Western Australia, by issuing 20 million ordinary shares. This acquisition enhances Platina’s presence in the Laverton gold district, a renowned gold mining area, potentially strengthening its market position and offering new opportunities for growth.

More about Platina Resources Limited

Platina Resources Limited is an Australian-based company that focuses on advancing early-stage metals projects through exploration, feasibility, and permitting towards development. The company aims to create shareholder value by monetizing projects through sale, joint venture, or development. Platina holds a 100% interest in a portfolio of gold projects located in the Yilgarn Craton and Ashburton Basin in Western Australia.

YTD Price Performance: 52.94%

Average Trading Volume: 604,484

Technical Sentiment Signal: Hold

Current Market Cap: A$13.71M

Learn more about PGM stock on TipRanks’ Stock Analysis page.

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