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The latest update is out from Troubadour Resources ( (TSE:TR) ).
Troubadour Resources Inc. has entered into an option agreement with Pluto Ventures Inc., allowing Pluto to acquire a 100% interest in the Monarch Uranium Project in Nunavut, Canada. This transaction supports Troubadour’s strategy to focus on its core gold and polymetallic projects while benefiting from immediate financial gains and transferring exploration risks to Pluto, a partner with expertise in uranium exploration. The agreement is expected to strengthen Troubadour’s financial position and align with its growth strategy amid rising global uranium demand.
More about Troubadour Resources
Troubadour Resources Inc. is a North American mineral acquisition and exploration company focused on developing critical mineral and precious metal properties with high expansion potential. Based in Vancouver, BC, the company is listed on the TSX Venture Exchange and the OTCQB Exchange. Its flagship project is the Senneville Gold-Copper Project located in the Val d’Or Mining Camp.
Average Trading Volume: 149,837
Technical Sentiment Signal: Sell
Current Market Cap: C$2.42M
See more insights into TR stock on TipRanks’ Stock Analysis page.