Stratabound Minerals (TSE:LOD) has released an update.
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Stratabound Minerals has announced a strategic plan to enhance shareholder value by spinning off its Canadian assets into a new company, Gold Orogen, allowing existing shareholders to receive shares in the new entity. This move comes after raising $6 million and reorganizing the company to focus on unlocking intrinsic asset value, with a significant planned investment for 2025.
For further insights into TSE:LOD stock, check out TipRanks’ Stock Analysis page.
