Liberty Gold Corp. (TSE:LGD) has released an update.
Liberty Gold Corp. has inked a deal to offload a 72.1% stake in its TV Tower project in Türkiye for a total of US$8.3 million, to be received in stages over the next two years. The divestiture will bolster the company’s financial reserves without diluting shareholder value, allowing a more focused investment in its primary Black Pine project in Southern Idaho. This strategic sale aligns with Liberty Gold’s commitment to advancing significant gold deposits in the Great Basin area of the United States.
For further insights into TSE:LGD stock, check out TipRanks’ Stock Analysis page.