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Sorrento Resources Expands with New Acquisition

Sorrento Resources Expands with New Acquisition

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

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Sorrento Resources Ltd., a Canadian exploration firm, has expanded its portfolio by acquiring the Lord Baron Project in Newfoundland, which includes a complete interest in various mineral licenses. The deal involves cash payments, issuance of common shares, and granting of royalties to the sellers. This strategic move aims to bolster the company’s presence and potential in the region’s copper and gold sectors.

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

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