Nine Mile Metals Ltd. (TSE:NINE) has released an update.
Nine Mile Metals Ltd. has continued its pursuit of full ownership of the California Lake and Canoe Landing Lake East mineral projects by making its second-anniversary option payments. The company issued common shares in lieu of cash payments as part of its strategy to secure 100% purchase rights, with all securities being subject to a holding period. Nine Mile Metals Ltd. focuses on the exploration of VMS projects, targeting minerals essential for the burgeoning EV and green technology sectors.
For further insights into TSE:NINE stock, check out TipRanks’ Stock Analysis page.
