Noronex Ltd. (AU:NRX) has released an update.
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Noronex Ltd. has substantially strengthened its stake in the Kalahari Copper Belt by finalizing a deal to increase its share in the Witvlei Joint Venture to 95%. The acquisition not only bolsters Noronex’s control over its key projects in Namibia but also simplifies the company’s ownership structure, potentially making it more appealing for development and attracting partners. With a significant JORC-compliant resource base and promising new discoveries, the company is poised to advance its copper exploration and development initiatives.
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