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
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