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Aguia Resources Refocuses After Strategic Review
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Aguia Resources Refocuses After Strategic Review

Aguia Resources Limited (AU:AGR) has released an update.

Aguia Resources Limited has updated its takeover bid for Andean Mining Limited, clarifying that it will no longer pursue activities at the Andrade Copper Project, following a strategic review resulting in the lapse of its lease options. The company will continue with its Tres Estradas Phosphate Project and focus on exploring the remaining 149,000 hectares of its copper tenements. Aguia is open to advancing its copper portfolio through joint ventures or direct investment, depending on funding availability.

For further insights into AU:AGR stock, check out TipRanks’ Stock Analysis page.

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