Resolute Resources Ltd. (TSE:RRL) has released an update.
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Resolute Resources Ltd. has finalized the sale of its subsidiary, which included its oil and gas assets, to a private buyer for $75,000, marking a major step in the company’s strategic reorientation. Following the divestiture, the company is now set to explore new opportunities for mergers or acquisitions to increase shareholder value.
For further insights into TSE:RRL stock, check out TipRanks’ Stock Analysis page.
