Romios Gold Resources ( (TSE:RG) ) just unveiled an update.
Romios Gold Resources Inc. and Star Gold Corp. have announced a strategic partnership through a share purchase agreement, allowing Star Gold to acquire Romios’ affiliate, Romios Gold Nevada Inc., which holds the Scossa and Kinkaid properties. This partnership aims to enhance both companies’ portfolios with high-quality projects in Nevada, focusing on near-term production and creating significant value for shareholders. The transaction is subject to regulatory approvals and involves a share roll-back and capital raise by Star Gold.
More about Romios Gold Resources
Romios Gold Resources Inc. operates in the mining industry, focusing on the exploration and development of gold, silver, and copper projects. The company is engaged in advancing its interests in Nevada, a region known for its rich mineral deposits.
YTD Price Performance: 100.0%
Average Trading Volume: 55,254
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$5.28M
For detailed information about RG stock, go to TipRanks’ Stock Analysis page.