tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Resolution Minerals Receives A$225 Million Offer for Horse Heaven Project

Story Highlights
  • Resolution Minerals received an unsolicited A$225 million offer for its Horse Heaven Project.
  • Roth Capital Partners appointed to explore US listing options for Resolution Minerals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Resolution Minerals Receives A$225 Million Offer for Horse Heaven Project

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

The latest update is out from Resolution Minerals Ltd. ( (AU:RML) ).

Resolution Minerals Ltd has received an unsolicited, non-binding offer of A$225 million from NASDAQ-listed Snow Lake Resources for its Horse Heaven Project, a site with a rich history of supplying antimony and tungsten to the U.S. Government. The offer, which includes a combination of cash and shares, is still under evaluation by the company’s board, with no guarantee of a binding agreement. Additionally, Resolution Minerals has appointed Roth Capital Partners as its exclusive North American Capital Markets Adviser to explore US listing alternatives, enhancing its strategic positioning in the market.

More about Resolution Minerals Ltd.

Resolution Minerals Ltd is a company operating in the mining industry, focusing on the exploration and development of mineral projects. Its primary products include antimony, tungsten, gold, and silver, with a market focus on leveraging historical production sites like the Horse Heaven Project in Idaho, USA.

Average Trading Volume: 21,546,646

Technical Sentiment Signal: Hold

Current Market Cap: A$93.92M

For detailed information about RML stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1