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Sorrento Resources Acquires Major Newfoundland Project

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Sorrento Resources Acquires Major Newfoundland Project

Sorrento Resources Ltd. (TSE:SRS) has released an update.

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Sorrento Resources Ltd., a Canadian exploration firm, has successfully completed the acquisition of the Lord Baron Project in Newfoundland, securing a 100% interest in the copper-gold venture. The deal involved a cash payment of $47,500 and the issuance of 4.3 million common shares, along with 2% net smelter returns royalties to the original vendors.

For further insights into TSE:SRS stock, check out TipRanks’ Stock Analysis page.

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