Riverside Resources (TSE:RRI) has released an update.
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Riverside Resources has launched Blue Jay Resources, transferring its Ontario gold projects to this new entity to focus on exploration and value creation. This move aims to unlock shareholder value with Riverside retaining a 2% net smelter royalty on these projects. Blue Jay, under new leadership, is gearing up for a targeted drill campaign in 2025, promising potential gains for shareholders.
For further insights into TSE:RRI stock, check out TipRanks’ Stock Analysis page.
