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Loyalist Exploration Expands with Newfoundland Properties

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Loyalist Exploration Expands with Newfoundland Properties

PNG Copper Inc (TSE:PNGC) has released an update.

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Loyalist Exploration Limited is set to expand its mining portfolio by signing a Letter of Intent to merge with Millbrook Minerals Inc., acquiring three new properties in Newfoundland and Labrador. In addition, the company plans to raise $350,000 through a private placement to fund immediate exploration activities on these promising gold and nickel sites.

For further insights into TSE:PNGC stock, check out TipRanks’ Stock Analysis page.

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