Rugby Mining (TSE:RUG) has released an update.
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Rugby Resources Ltd. has halted its planned private placement financing and postponed drilling at its Cobrasco Copper Project due to new Colombian regulations. The company is now focusing on advancing its gold and silver projects in Argentina, leveraging its past success in the region. These strategic shifts aim to secure long-term funding and continue exploration efforts.
For further insights into TSE:RUG stock, check out TipRanks’ Stock Analysis page.
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