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Sun Peak Metals ( (TSE:PEAK) ) has issued an update.
Sun Peak Metals and Saudi Discovery Company have announced a strategic business combination to create a leading exploration and development company in the Arabian-Nubian Shield. This merger will leverage both companies’ expertise and assets to enhance exploration efforts in one of the world’s most promising mineral belts, aiming to deliver significant value to shareholders and capitalize on the region’s untapped mineral wealth.
More about Sun Peak Metals
Sun Peak Metals is a Canadian exploration company listed on the TSX Venture Exchange, focusing on gold and copper within Ethiopia’s Arabian-Nubian Shield. Saudi Discovery Company is a privately held mineral exploration company with exploration licenses in Saudi Arabia, focusing on gold-copper VMS and orogenic gold targets.
Average Trading Volume: 44,858
Technical Sentiment Signal: Sell
Current Market Cap: C$21.77M
For detailed information about PEAK stock, go to TipRanks’ Stock Analysis page.