Signal Gold (TSE:SGNL) has released an update.
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Signal Gold has announced the sale of its Tilt Cove Project to FireFly Metals for a total compensation of $4 million, comprising cash and shares. This strategic move allows Signal Gold to focus on advancing its Goldboro Project while providing its shareholders with potential upside through an interest in FireFly. The transaction is expected to close by mid-November 2024.
For further insights into TSE:SGNL stock, check out TipRanks’ Stock Analysis page.
