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The latest update is out from Core Nickel Corp. ( (TSE:CNCO) ).
Core Nickel Corp. and Arizona Copper and Gold Inc. have entered into a non-binding letter of intent for a reverse takeover, where Core will acquire all issued securities of ACG. This transaction, subject to regulatory approvals, will result in Core being renamed Arizona Eagle Mining Corp., focusing on the Eagle Project in Arizona while maintaining Core’s existing assets. The transaction is expected to be completed by December 31, 2025, with the resulting issuer continuing as a Tier 2 Mining Issuer on the TSXV.
More about Core Nickel Corp.
Core Nickel Corp. operates in the mining industry with a focus on nickel exploration and development. The company is involved in projects within the Thompson Nickel Belt in northern Manitoba, including the Mel deposit.
Average Trading Volume: 43,477
Technical Sentiment Signal: Strong Buy
For detailed information about CNCO stock, go to TipRanks’ Stock Analysis page.