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Aurwest Resources ( (TSE:AWR) ) has issued an update.
Aurwest Resources Corporation has finalized the sale of its Stars property to Interra Copper Corp., receiving approximately $1.0 million in cash and securities, including shares and warrants. This strategic move is expected to enhance shareholder value amid the increasing global demand for copper due to electrification and infrastructure development. Additionally, Aurwest has settled a long-standing dispute with its former management, agreeing to a $250,000 settlement payable over several months, thus resolving financial liabilities and positioning the company for future growth.
More about Aurwest Resources
Aurwest Resources Corporation operates in the natural resources sector, focusing on exploration and development projects. The company primarily deals with mineral properties and aims to leverage market opportunities in the growing demand for resources like copper.
Average Trading Volume: 320,254
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$522.6K
See more data about AWR stock on TipRanks’ Stock Analysis page.
