Chakana Copper Corp (TSE:PERU) has released an update.
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Chakana Copper Corp. has exercised its right to accelerate the expiry of nearly 21 million warrants to significantly bolster its exploration budget by an additional $1.25 million. The strong performance of the company’s stock, consistently trading above $0.09, enabled the early exercise of these warrants. The funds will enhance drilling operations at the Soledad Project in Peru, known for its rich copper-gold-silver deposits and considerable exploration potential.
For further insights into TSE:PERU stock, check out TipRanks’ Stock Analysis page.