Widgie Nickel Limited (AU:WIN) has released an update.
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Meteoric Resources NL has successfully sold its Palm Springs Gold Project in Western Australia to WIN Metals Ltd for up to $5 million. The deal includes an initial cash payment and shares in WIN Metals, allowing Meteoric to maintain a stake in the future potential of Palm Springs. This strategic move allows Meteoric to concentrate on its core project in Brazil, while strengthening its financial position.
For further insights into AU:WIN stock, check out TipRanks’ Stock Analysis page.