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Silver Storm Mining to Acquire Till Capital for C$7.2 Million

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Confident Investing Starts Here:

An announcement from Till Capital ( (TSE:TIL) ) is now available.

Till Capital Corporation has entered into a definitive arrangement agreement with Silver Storm Mining Limited, where Silver Storm will acquire all of Till’s issued and outstanding common shares. This transaction, valued at approximately C$7.2 million, offers Till shareholders a significant premium and exposure to Silver Storm’s advanced stage silver projects in Mexico, potentially enhancing their financial position and reducing risk.

Spark’s Take on TSE:TIL Stock

According to Spark, TipRanks’ AI Analyst, TSE:TIL is a Neutral.

Till Capital’s overall stock score of 41 reflects significant financial challenges, including continuous losses and declining revenues. Technical analysis points to weak momentum, and valuation metrics highlight profitability concerns. The lack of earnings call data and corporate events limits any potential positive reassessment.

To see Spark’s full report on TSE:TIL stock, click here.

More about Till Capital

Till Capital Corporation operates in the financial sector, focusing on investments and asset management. The company is involved in various financial activities and is listed on the TSX Venture Exchange.

Average Trading Volume: 435

Technical Sentiment Signal: Sell

Current Market Cap: C$3.26M

For detailed information about TIL stock, go to TipRanks’ Stock Analysis page.

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