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Happy Creek Minerals Announces Corporate Updates and Strategic Agreements

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Happy Creek Minerals Announces Corporate Updates and Strategic Agreements

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An announcement from Happy Creek Minerals ( (TSE:HPY) ) is now available.

Happy Creek Minerals Ltd. announced a series of corporate updates, including the retirement of CFO Richard Lee and the appointment of Mathew Lee as the new CFO. The company also extended the terms of its asset purchase agreement with Metal Energy Corp. for the Highland Valley Project, providing a nine-month extension for milestone payments and financing obligations. Additionally, Happy Creek finalized an agreement with third parties regarding the Cariboo Project royalties, extinguishing previous buy-down rights in exchange for a cash payment. The company also granted 4,700,000 stock options to its directors, officers, and consultants.

More about Happy Creek Minerals

Happy Creek Minerals Ltd. is a company focused on discovering and developing mineral resources in British Columbia, with a portfolio of diversified metals projects. Their projects include the high-grade Fox Tungsten deposit, the Silverboss molybdenum-copper-gold-silver project, and the Hen-Art-DL gold and silver project. Happy Creek is committed to responsible mineral resource development and building relationships with Indigenous Communities.

Average Trading Volume: 409,045

Technical Sentiment Signal: Buy

Current Market Cap: C$18.45M

See more insights into HPY stock on TipRanks’ Stock Analysis page.

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