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Monumental Energy Ups Investment in NZ Energy Corp
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Monumental Energy Ups Investment in NZ Energy Corp

Monumental Gold Corp. (TSE:MNRG) has released an update.

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Monumental Energy Corp. has bolstered its stake in New Zealand Energy Corp. by purchasing additional shares for $220,000, which now represent 8.63% of the latter’s issued shares. The investment aligns with New Zealand Energy Corp.’s promising developments, including oil and gas projects scheduled for the latter part of the year. Monumental Energy’s diverse interests include critical and clean energy projects, notably in Chile and Mexico, and a royalty interest in lithium production.

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

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