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Solstice Minerals Limited ( (AU:SLS) ) just unveiled an announcement.
Cyprium Metals Limited has entered a binding agreement to sell its Meekatharra Project to Solstice Minerals Limited. The divestment will see Cyprium receive $1 million and 3 million Solstice shares, with potential for additional shares if a significant mineral resource is announced. This strategic move is part of Cyprium’s ongoing portfolio review and could impact its industry positioning by allowing a sharper focus on other core projects.
More about Solstice Minerals Limited
Cyprium Metals Limited is an Australian copper company listed on the ASX, focusing on the redevelopment of the Nifty Copper Mine in Western Australia. The company benefits from significant invested capital, a long operating history, and current operational approvals, with additional copper-focused assets in the Paterson and Murchison Provinces.
YTD Price Performance: -3.12%
Average Trading Volume: 183,263
Technical Sentiment Consensus Rating: Buy
Learn more about SLS stock on TipRanks’ Stock Analysis page.
