Triton Minerals Limited (AU:TON) has released an update.
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Triton Minerals Limited has received clearance from the Foreign Investment Review Board for Shandong Yulong Gold Limited to acquire 70% of its Mozambique graphite assets for A$17 million. This deal will inject nearly A$6 million into Triton by the end of 2024, bolstering the company’s financial position and supporting its strategic growth initiatives. Triton has expressed gratitude to its shareholders for their continued support as it progresses with this significant transaction.
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