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Fulcrum Metals Signs LOI to Sell Tully Gold Project to Loyalist Exploration

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Confident Investing Starts Here:

Fulcrum Metals Plc ( (GB:FMET) ) just unveiled an update.

Fulcrum Metals plc has signed a binding letter of intent with Loyalist Exploration Limited for the sale of its 100% interest in the Tully Gold Project in Timmins, Ontario. The transaction includes a cash payment, shares in Loyalist, and a net smelter royalty, aligning with Fulcrum’s strategy to focus on its gold tailings projects. This deal positions Loyalist to enhance its portfolio in the Timmins mining district, potentially impacting both companies’ strategic directions.

More about Fulcrum Metals Plc

Fulcrum Metals plc is a technology-led company focused on the recovery of precious metals from mine tailings in Canada.

YTD Price Performance: -38.71%

Average Trading Volume: 416,531

Technical Sentiment Signal: Strong Buy

See more data about FMET stock on TipRanks’ Stock Analysis page.

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