Strategic Metals (TSE:SMD) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Strategic Metals Ltd. has announced that its shareholders have approved a significant transaction with Trifecta Gold Ltd., allowing Trifecta to potentially acquire a 100% interest in eleven gold projects in the Yukon Territory’s Tombstone Gold Belt. Strategic, a seasoned project generator with a vast portfolio of projects and royalty interests, is positioned strongly with a $1.7 million cash reserve and substantial shareholdings in a number of active exploration companies. Furthermore, Strategic owns a significant stake in Terra CO2 Technologies Holdings Inc., which is innovating in the cement industry with a new cost-effective product.
For further insights into TSE:SMD stock, check out TipRanks’ Stock Analysis page.