Bocana Resources Cancels Bolivian Acquisition Plans

United Hunter Oil & Gas (TSE:BOCA) has released an update.

Bocana Resources Corp. has terminated its non-binding letter of intent to acquire Empresa Minera Inti Raymi S.A., citing unsatisfied disclosure requirements during its due diligence process. Despite previously securing financial commitments and conducting initial assessments, Bocana will not proceed with the purchase. The company also announced an extension for its annual general meeting, now scheduled before October 31, 2024.

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