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Nicola Mining ( (TSE:NIM) ) has shared an announcement.
Nicola Mining Inc. has completed a debt settlement by issuing 1,469,935 common shares to cover $411,583.10 in interest owed on convertible debentures. This move, approved by the TSX Venture Exchange, highlights Nicola’s strategic financial management and may enhance its operational stability, benefiting stakeholders by potentially strengthening its market position.
More about Nicola Mining
Nicola Mining Inc. is a junior mining company listed on the TSX Venture Exchange and Frankfurt Exchange. It operates a fully owned mill and tailings facility in Merritt, British Columbia, and has agreements with high-grade gold projects. The company can process gold and silver through gravity and flotation methods and owns significant copper and mineral properties such as the New Craigmont Project and the Treasure Mountain Property.
YTD Price Performance: 10.34%
Average Trading Volume: 39,859
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$54.41M
For detailed information about NIM stock, go to TipRanks’ Stock Analysis page.
