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Triton Minerals Limited ( (AU:TON) ) just unveiled an update.
Triton Minerals Limited announced that NQM Gold Pty Ltd, a subsidiary of Shandong Yulong Gold Limited, failed to pay an adjusted sum of A$3.42 million by the due date as per their share sale and purchase agreement. The company’s independent directors are currently evaluating their legal options and will keep shareholders informed about the situation.
More about Triton Minerals Limited
Triton Minerals Limited operates in the mining industry, focusing on the exploration and development of graphite projects. The company is primarily engaged in the production and supply of graphite, which is a critical component in various industrial applications, including batteries and electronics.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €6.34M
For an in-depth examination of TON stock, go to TipRanks’ Stock Analysis page.
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