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Hummingbird Resources Updates on Pasofino Acquisition Talks
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Hummingbird Resources Updates on Pasofino Acquisition Talks

Hummingbird Resources (GB:HUM) has released an update.

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Hummingbird Resources plc announces progress on a potential acquisition involving Pasofino Gold Limited, which is currently in discussions with a counterparty and expanding its data room access for other interested parties. The non-binding offer for Pasofino is valued at approximately US$0.66 per common share, and site visits are being arranged for due diligence. This strategic move is part of Hummingbird’s ongoing efforts to enhance its asset base and production capabilities.

For further insights into GB:HUM stock, check out TipRanks’ Stock Analysis page.

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