Origen Resources Divests Arlington Project Stake

Origen Resources, Inc. (TSE:ORGN) has released an update.

Origen Resources Inc. has struck a deal with Nickelex Resources Corporation to sell its full interest in the Arlington project, with terms including cash payments, exploration commitments, and share issuances to Origen. Additionally, Origen will retain a royalty interest, with a buyback option for Nickelex. The company has also granted stock options to key stakeholders, enhancing their involvement in Origen’s future growth.

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