Puma Exploration (TSE:PUMA) has released an update.
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Puma Exploration has finalized an Option Agreement with Kinross Gold, involving a $1 million private placement for common shares. This strategic partnership allows Kinross to hold nearly 10% of Puma’s shares, with potential to increase its stake, as Puma aims to enhance its gold exploration projects in New Brunswick.
For further insights into TSE:PUMA stock, check out TipRanks’ Stock Analysis page.