Troilus Gold Corp (TSE:TLG) has released an update.
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Troilus Gold Corp. has received a US$500 million Letter of Intent from the German Federal Ministry for Economic Affairs and Climate Action, marking a key milestone in financing its copper and gold project in Quebec. This potential funding hinges on a long-term off-take agreement with Germany’s largest copper smelter, Aurubis AG. The project, backed by a strong feasibility study, has attracted significant global financial interest due to its strategic importance in supplying copper and gold to international markets.
For further insights into TSE:TLG stock, check out TipRanks’ Stock Analysis page.
