Ubique Minerals Ltd. (TSE:UBQ) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ubique Minerals Ltd. is expanding its stake in the mining sector by acquiring a majority share of Resource 500 V Limited, a company with mineral exploration interests in Namibia. The acquisition will increase Ubique’s shares from 533 to a controlling 99.66%. To finance the deal, Ubique will issue C$1.5 million in convertible debentures, adding a strategic asset to its portfolio.
For further insights into TSE:UBQ stock, check out TipRanks’ Stock Analysis page.
