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Sherpa II Holdings Corp. ( (TSE:SHRP) ) has provided an announcement.
Sherpa II Holdings Corp. has executed a definitive agreement to acquire the remaining 25% ownership of the Bakar Property from District Metals Corp., thereby securing full ownership of this high-grade copper-silver asset. This strategic acquisition is expected to enhance Sherpa II’s operational capabilities and strengthen its position in the mineral exploration sector, pending customary closing conditions and TSX Venture Exchange approval.
More about Sherpa II Holdings Corp.
Sherpa II Holdings Corp. is a Canadian junior mineral exploration company with a majority interest in the Bakar Property located in northwestern Vancouver Island, British Columbia, focusing on copper-silver exploration.
Average Trading Volume: 12,500
Technical Sentiment Signal: Sell
Current Market Cap: C$635K
For a thorough assessment of SHRP stock, go to TipRanks’ Stock Analysis page.