An update from Marmota Limited ( (AU:MEU) ) is now available.
Marmota Limited has agreed to sell its West Melton copper tenement to G4 Metals for $1 million in shares, as part of a strategic deal that allows Marmota to maintain an interest in the project while focusing on its other mineral ventures. This transaction positions Marmota to benefit from G4’s planned IPO and potential copper resource developments, while G4 aims to enhance its copper asset portfolio in South Australia.
More about Marmota Limited
Marmota Limited is involved in the exploration and development of mineral resources, focusing on gold, titanium, and uranium projects. The company operates within the mining industry and has a strategic interest in copper assets, particularly in South Australia.
Average Trading Volume: 1,618,750
Technical Sentiment Signal: Sell
Current Market Cap: A$50.67M
See more data about MEU stock on TipRanks’ Stock Analysis page.