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Santa Fe Minerals Completes Strategic Acquisition and Capital Raising

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Santa Fe Minerals Completes Strategic Acquisition and Capital Raising

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An update from Santa Fe Minerals Ltd. ( (AU:SFM) ) is now available.

Santa Fe Minerals Ltd. has successfully completed the acquisition of the Eburnea Gold Project in Côte d’Ivoire from Turaco Gold Ltd., securing a 100% interest in the Satama Permit and a 65% interest in the Bouake North Application. This acquisition, alongside a $1.2 million capital raising, positions Santa Fe to advance its exploration activities, including a planned maiden drill program at the Satama Permit, potentially enhancing its industry standing and offering new opportunities for stakeholders.

More about Santa Fe Minerals Ltd.

Santa Fe Minerals Ltd. is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary product is gold, and it is actively expanding its market presence in Côte d’Ivoire through strategic acquisitions.

Average Trading Volume: 119,033

Technical Sentiment Signal: Buy

Current Market Cap: A$15.66M

See more data about SFM stock on TipRanks’ Stock Analysis page.

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