tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

McFarlane Lake Mining Expands Gold Portfolio with Juby Project Acquisition

Story Highlights
McFarlane Lake Mining Expands Gold Portfolio with Juby Project Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

McFarlane Lake Mining Limited ( (TSE:MLM) ) has shared an announcement.

McFarlane Lake Mining Limited has completed the acquisition of the Juby Gold Project and a 25% joint venture interest in the adjacent Knight property, marking a significant expansion of its gold resource base. The acquisition was financed through a combination of cash, common shares, and debt and equity financing transactions, positioning the company to advance exploration and development activities while engaging with local communities and stakeholders.

More about McFarlane Lake Mining Limited

McFarlane Lake Mining Limited is a Canadian gold exploration and development company focused on expanding its gold resource base and enhancing shareholder value.

Average Trading Volume: 866,257

Technical Sentiment Signal: Strong Buy

Current Market Cap: C$36.53M

For an in-depth examination of MLM stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1