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Glacier Lake Advances on Kalahari Project Acquisition

Glacier Lake Resources Inc. (TSE:GLI) has released an update.

Glacier Lake Resources Inc. is advancing towards acquiring the Kalahari Palladium-Platinum Project in South Africa, with the necessary conditions including a Cdn$15 million financing and regulatory approvals yet to be met. The deadline for completing the acquisition has been extended to May 31, 2024. However, there is no guarantee that the transaction will be finalized as intended or at all.

For further insights into TSE:GLI stock, check out TipRanks’ Stock Analysis page.

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