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Palisades Goldcorp Ltd. ( (TSE:PALI) ) has issued an announcement.
Palisades Goldcorp Ltd. has acquired all shares of Radio Fuels Energy Corp., creating a leading resource investment company in the junior mining sector. The transaction, which resulted in Radio Fuels becoming a wholly-owned subsidiary, positions Palisades to capitalize on anticipated equity price increases in the resource sector, with strategic management changes to focus on new investment opportunities.
More about Palisades Goldcorp Ltd.
Palisades Goldcorp Ltd. is a Canadian publicly-listed resource investment company focused on junior mining. With a portfolio valued at over $130 million in resource equities, Palisades also has exposure to gold through its mineral claims in Nevada and uranium via its interest in the Eco Ridge Project.
YTD Price Performance: 29.87%
Average Trading Volume: 11,871
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$69.28M
For an in-depth examination of PALI stock, go to TipRanks’ Stock Analysis page.