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Los Cerros ( (AU:LCL) ) has issued an announcement.
LCL Resources Limited, operating under the ticker ASX:LCL, held a general meeting of shareholders to vote on several resolutions concerning its business operations. The company is involved in the resource sector, focusing on managing and potentially selling its assets. In the meeting, Resolution 1, which proposed the sale of LCL’s Colombian assets to Tiger Gold Corporation, was not approved, meaning the company will not receive the $1 million tied to the option agreement with Tiger Gold Corporation. Resolutions 2 and 3 were carried, though specific details were not disclosed. The outcome impacts LCL’s strategic plans and financial expectations, and the company will engage with stakeholders to determine its next steps.
More about Los Cerros
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €6.51M
For a thorough assessment of LCL stock, go to TipRanks’ Stock Analysis page.
