Katoro Gold PLC ( (GB:KAT) ) has issued an announcement.
Katoro Gold PLC has completed the acquisition of 31 Explore Ltd, enhancing its critical minerals portfolio in Ontario, Canada. This acquisition includes a range of lithium and rare earth element projects, strategically positioned near existing infrastructure, which supports cost-effective exploration. The company has issued 750 million warrants as part of the acquisition and appointed James Tosh to its Board. The acquisition aligns with Katoro’s strategic focus on exploring critical minerals, supported by positive governmental backing in Canada, and positions the company to capitalize on the growing demand for these resources.
More about Katoro Gold PLC
Katoro Gold PLC is a strategic energy and precious minerals exploration and development company. It focuses on high-impact exploration for critical minerals, particularly in Ontario, Canada. The company is involved in projects related to lithium and rare earth elements, aiming to expand its footprint in the critical minerals sector.
YTD Price Performance: -41.67%
Average Trading Volume: 8,829,305
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £780.3K
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