Financial news, corporate announcements, analysts’ reports
SYDNEY: Rapid Critical Metals Limited (ASX: RCM) announced Tuesday it has agreed to sell its Tin Mountain property in South Dakota, U.S., to a subsidiary of Iris Metals Limited (ASX: IR1) in a deal involving shares, cash and royalties. The transaction, outlined in a Sale Purchase Agreement, includes 93 federal mining claims covering 752…
LEONORA: Legend Mining Limited announced Wednesday it has signed binding term sheets to acquire a 100% interest in the Pinnacle Well Project, located 25 kilometers (15.5 miles) north-northeast of Leonora in Western Australia’s mineral-rich Leonora district. The project, which covers 110 square kilometers (42.5 square miles) across two exploration licenses, has seen little exploration…
VANCOUVER: Stearman Resources Inc. (CSE:STMN) said Tuesday it has agreed to acquire all outstanding shares of NeoCore Uranium Ltd., a private British Columbia-based company holding a uranium property in Saskatchewan’s Athabasca Basin. Under the deal, Stearman will issue 7.5 million common shares at $0.05 per share to NeoCore shareholders. The transaction, expected to close…