Forge Resources Eyes Major Stake in Aion Mining
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Forge Resources Eyes Major Stake in Aion Mining

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Forge Resources (TSE:FRG) has released an update.

Forge Resources Corp. has announced its intent to acquire a 60% controlling interest in Aion Mining Corp., which will enhance its resource portfolio and provide long-term value to stakeholders. The $5 million deal includes cash and stock, along with anti-dilution rights and a right of first refusal to maintain control. This strategic move is subject to approval and successful due diligence, with no guarantee of completion.

For further insights into TSE:FRG stock, check out TipRanks’ Stock Analysis page.

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