Ubique Minerals Ltd. (TSE:UBQ) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Ubique Minerals Ltd. is expanding its stake in the mining sector by acquiring a majority share of Resource 500 V Limited, a company with mineral exploration interests in Namibia. The acquisition will increase Ubique’s shares from 533 to a controlling 99.66%. To finance the deal, Ubique will issue C$1.5 million in convertible debentures, adding a strategic asset to its portfolio.
For further insights into TSE:UBQ stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
- “The No. 1 Destination for the Most Talented Artists”: Netflix Stock (NASDAQ:NFLX) Notches Up as the Duffer Brothers Consider Jumping Ship
- “Breakthrough EVs”: Ford Stock (NYSE:F) Notches Up on New Battery Details
- “An Equity Stake”: Intel Stock (NASDAQ:INTC) Surges as U.S. Government May Buy In With CHIPS Act Money