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The latest update is out from Vizsla Copper ( (TSE:VCU) ).
Vizsla Copper Corp. has announced an agreement to acquire the remaining 49% joint venture interest in the Rand copper-gold claims within its Woodjam Project from Siyata Mobile Inc. This acquisition will grant Vizsla Copper full ownership of the claims, which span 1,500 hectares and are considered a high priority for exploration due to their promising geology. The deal involves a payment of $5,000 and the issuance of 2,000,000 common shares of Vizsla Copper, subject to a four-month hold period and additional resale restrictions. The acquisition is contingent on standard closing conditions and approval from the TSX Venture Exchange. This strategic move is expected to enhance Vizsla Copper’s exploration capabilities and strengthen its position in the copper-gold mining sector.
More about Vizsla Copper
Vizsla Copper Corp. operates in the mining industry, focusing primarily on copper and gold exploration. The company is involved in projects such as the Woodjam Project, which is known for copper-gold porphyry-related deposits, indicating a strong market focus on these valuable minerals.
YTD Price Performance: 2.50%
Average Trading Volume: 167,706
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $8.69M
For an in-depth examination of VCU stock, go to TipRanks’ Stock Analysis page.