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World Copper ( (TSE:WCU) ) has provided an announcement.
World Copper Ltd. has entered into a binding agreement to sell its interest in the Zonia copper project in Arizona to a European-based metals and mining investment manager for CAD $26 million. This transaction, subject to due diligence and regulatory approvals, involves staged payments and safeguards for World Copper, ensuring the project’s future development while allowing the company to focus on its other projects and financial strategy.
More about World Copper
World Copper Ltd., headquartered in Vancouver, BC, is a Canadian resource company focused on the exploration and development of its copper porphyry projects: Zonia in Arizona and Escalones in Chile. Both projects have estimated resources with significant soluble copper mineralization and potential for resource expansion. The company is committed to sustainable practices.
YTD Price Performance: -8.33%
Average Trading Volume: 409,587
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$12.47M
For detailed information about WCU stock, go to TipRanks’ Stock Analysis page.
