Fitzroy Minerals Extends Ptolemy Acquisition Timeline

Norseman Capital ( (TSE:FTZ) ) just unveiled an announcement.

Fitzroy Minerals has announced an update on its acquisition of Ptolemy Mining Limited, extending the completion date to March 31, 2025. The company has received conditional approval from the TSX Venture Exchange, with the acquisition and a fully subscribed private placement expected to close concurrently in March, pending final approvals.

More about Norseman Capital

Fitzroy Minerals is focused on exploring and developing mineral assets with substantial upside potential in the Americas. The company’s current property portfolio includes the Caballos Copper and Polimet Gold-Copper-Silver projects located in Valparaiso, Chile, and the Taquetren Gold project located in Rio Negro.

YTD Price Performance: 2.78%

Average Trading Volume: 209,346

Technical Sentiment Consensus Rating: Hold

Current Market Cap: C$21.62M

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