E79 Resources Corp (TSE:SEEM) has released an update.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Serra Energy Metals Corp has agreed to sell 80% of its interest in the Myrtleford and Beaufort projects to Advance Metals Limited. In exchange, Serra will receive shares in Advance, with the completion of the sale subject to regulatory approvals and shareholder consent. The agreement also includes a future joint venture, with Serra retaining a 20% interest and receiving a royalty from any gold production.
For further insights into TSE:SEEM stock, check out TipRanks’ Stock Analysis page.