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An update from Widgie Nickel Limited ( (AU:WIN) ) is now available.
WIN Metals Limited has finalized the sale of its non-core nickel rights on the Munda tenement to Auric Mining Ltd, receiving a total of $1.4 million. This transaction allows WIN to focus on its core projects, including the Butchers Creek Gold Project and the Radio Gold Mine, while Auric gains a clear path to develop its Munda Gold Project. The sale aligns with WIN’s strategy to concentrate on its primary nickel assets at Mt Edwards, thereby enhancing its operational focus and collaboration with industry partners.
More about Widgie Nickel Limited
Widgie Nickel Limited, trading as WIN Metals Limited, operates in the mining industry with a focus on nickel resources. The company is involved in the exploration and development of mineral projects, with a market focus on nickel and gold assets.
Average Trading Volume: 1,445,045
Technical Sentiment Signal: Sell
Current Market Cap: A$13.35M
For an in-depth examination of WIN stock, go to TipRanks’ Overview page.