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Volta Metals Advances Acquisition of Rare Earth Project in Ontario

Story Highlights
  • Volta Metals plans to finalize the acquisition of the Springer-Lavergne Rare Earth and Gallium Project by May 2025.
  • The project spans 5,000 hectares and contains significant rare earth and gallium resources with infrastructure access.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

An update from Cashbox Ventures Ltd ( (TSE:VLTA) ) is now available.

Volta Metals Ltd. has announced its satisfaction with due diligence on the Springer-Lavergne Rare Earth and Gallium Project in Ontario and plans to finalize a Definitive Agreement for its acquisition by May 2025. The acquisition terms include a series of cash payments and share issuances to the vendor and surface rights owners over two years, with an option to acquire the remaining 20% interest in the project. The project spans 5,000 hectares and contains significant rare earth and gallium resources, with infrastructure access and potential for further exploration.

More about Cashbox Ventures Ltd

YTD Price Performance: 50.0%

Average Trading Volume: 53,550

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$2.2M

For an in-depth examination of VLTA stock, go to TipRanks’ Stock Analysis page.

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