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Sendero Resources Corp. ( (TSE:SEND) ) has shared an update.
Sendero Resources Corp. announced that certain shares previously issued as restricted share units to former directors and officers have been placed in escrow, as stipulated by the TSXV. These shares will be released in stages between June 2025 and June 2026. This update ensures compliance with TSXV’s conditions and impacts the management of the company’s equity distribution, potentially affecting stakeholder perceptions and market operations.
More about Sendero Resources Corp.
Sendero Resources Corp. is focused on copper-gold exploration at its 100% owned Peñas Negras Project in the Vicuña Belt, Argentina. The company holds ten granted mining concessions over 120 km2 in La Rioja, Argentina, and has an option agreement to earn an 80% interest on additional concessions adjacent to their project.
YTD Price Performance: 23.81%
Average Trading Volume: 20,238
Technical Sentiment Consensus Rating: Hold
Current Market Cap: C$9.56M
See more data about SEND stock on TipRanks’ Stock Analysis page.
