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An announcement from West Mining Corp. ( (TSE:WEST) ) is now available.
West Mining Corp. has entered into an option agreement with Upside Gold Corp., allowing the latter to acquire a 100% interest in West Mining’s Kena Property. This strategic move provides West Mining with the operational flexibility to focus on its Spanish Mountain and Junker projects, while benefiting from Upside Gold’s work commitments on the Kena Property. The agreement involves cash payments, issuance of common shares, and exploration expenditures by Upside Gold, potentially impacting both companies’ growth and market positions.
More about West Mining Corp.
West Mining Corp. is a mineral exploration company focused on copper, gold, and silver, with active exploration projects on its 100% owned Junkers Property in north-central British Columbia and Spanish Mountain.
YTD Price Performance: -10.0%
Average Trading Volume: 17,646
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.56M
For an in-depth examination of WEST stock, go to TipRanks’ Stock Analysis page.