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Quetzal Copper Corp ( (TSE:Q) ) has provided an announcement.
Silverco Mining Ltd., previously known as Quetzal Copper Corp., has successfully completed a reverse takeover of Silverco Mining Corp. This strategic move involved a name change, share consolidation, and the acquisition of all outstanding Silverco shares, positioning the company for a stronger presence in the mining industry. The transaction included a debt financing arrangement and the implementation of escrow and resale restrictions on certain shares, which are expected to impact the company’s market operations and shareholder value. The new board and management team have been established, and the company’s mineral assets now include the Cusi and Big Kidd properties.
More about Quetzal Copper Corp
Average Trading Volume: 465,474
Technical Sentiment Signal: Buy
Learn more about Q stock on TipRanks’ Stock Analysis page.