CuFe Limited (AU:CUF) has released an update.
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CuFe Ltd has sold its Crossroads gold royalty to Northern Star for A$4 million in cash, allowing the company to expedite funding for its exploration and development projects. These funds will primarily boost activities in the promising Tennant Creek Copper/Gold project, which has seen increased interest in the region. The sale provides CuFe with a definitive financial outcome, enhancing its strategic planning capability.
For further insights into AU:CUF stock, check out TipRanks’ Stock Analysis page.
