Troy Minerals, Inc. (TSE:TROY) has released an update.
Troy Minerals Inc. has announced a strategic move to acquire CBGB Ventures Corp., expanding their portfolio with two promising high purity silica projects in British Columbia and Mongolia, which are critical for technologies like microchips and solar panels. This acquisition aligns with the company’s growth strategy and positions them for an active year ahead, with potential to become a self-funding enterprise through cash-flow from near-term production. The simplicity of the permitting process for these silica projects further strengthens Troy’s position as an emerging force in the critical minerals market.
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