Kobrea Exploration Corp. ( (TSE:KBX) ) just unveiled an update.
Kobrea Exploration Corp. has completed the next payment under its option agreement to acquire a 100% interest in the Western Malargüe Copper Projects in Argentina. This payment is part of a staged plan involving cash and share issuances over five years, which will allow Kobrea to consolidate its position in the copper industry, potentially impacting stakeholders by expanding its asset base and exploration potential.
More about Kobrea Exploration Corp.
Kobrea Exploration Corp. is a mineral exploration and development company focusing on acquiring and exploring base metal projects. The company holds the right to earn a 100% interest in seven projects in southwestern Mendoza Province, Argentina, which are highly prospective for porphyry copper and copper-gold deposits. Kobrea also owns the Upland Copper Project in British Columbia, Canada.
YTD Price Performance: 6.90%
Average Trading Volume: 25,329
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: C$21.92M
See more data about KBX stock on TipRanks’ Stock Analysis page.