30
Nov
15:07
COPPER: Sun Metals acquires 100% stake in Lorraine Project
Sun Metals Corp has closed on its acquisition of the Lorraine copper-gold project in north-central British Columbia, Kallanish reports.
It acquired Teck Resources’ 51% joint venture interest in the project and Sun Metals now owns a 100% stake in the Lorraine project.
Sun Metals has agreed to pay Teck CAD 500,000 ($386,790) on 25 November, 2021, and another CAD 500,000 on 25 November, 2022, in cash or stocks. It also issued 4,633,440 common shares of the com…
This article contains premium data.
It is only available for active subscribers and clients currently
on trial. To continue reading, see the options below.
on trial. To continue reading, see the options below.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous