Golden Ridge Nears Major Acquisition of MM Group
Company Announcements

Golden Ridge Nears Major Acquisition of MM Group

Story Highlights

Golden Ridge Resources Ltd (TSE:GLDN) has released an update.

Golden Ridge Resources Ltd. is advancing towards finalizing its acquisition of an 80% interest in the Brazilian mining company MM Group Ltda., a move that could lead to a reverse takeover. The completion of this strategic acquisition is contingent on regulatory approvals, including from the TSX Venture Exchange, with Golden Ridge shares currently halted from trading until the transaction is either completed or abandoned.

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

Related Articles
TipRanks Canadian Auto-Generated NewsdeskGolden Ridge Resources Seals Major Brazilian Acquisition
TipRanks Canadian Auto-Generated NewsdeskGolden Ridge Reports Promising Gold Intercepts
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!