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Pace Metals Updates Nemaska2 Acquisition Terms

Pace Metals Updates Nemaska2 Acquisition Terms

Pace Metals (TSE:PACE) has released an update.

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Pace Metals Ltd. has revised its agreement to acquire full ownership of the Nemaska2 property, with new terms including cash payments and exploration expenditures due by the end of 2025. The amendment has been secured with an additional cash payment from Pace Metals, while the original net smelter return and bonus milestone agreements remain intact. The company has also signaled its plan to withdraw from the Nemaska2 Extension Property Option.

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

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