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Trigon Metals Inc ( (TSE:TM) ) has provided an update.
Trigon Metals Inc. has amended the terms for the sale of its 80% interest in the Kombat Mine in Namibia to Horizon Corporation Limited. The revised agreement reduces the loan amount from Horizon, adjusts the purchase consideration, and introduces flexible financing and contingent payment structures, strategically benefiting shareholders and impacting the company’s financial positioning.
More about Trigon Metals Inc
Trigon Metals Inc. operates in the mining industry, primarily focusing on the extraction and development of mineral resources, with significant market interests in copper mining.
YTD Price Performance: -34.02%
Average Trading Volume: 100,043
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$11.7M
Learn more about TM stock on TipRanks’ Stock Analysis page.
