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Richmond Minerals Sells Austrian Claims to Stella Investments

Story Highlights

An announcement from Richmond Minerals ( (TSE:RMD) ) is now available.

Richmond Minerals Inc. has finalized an agreement to sell its Austrian claims to Stella Investments Limited, marking its withdrawal from Austria. The transaction involves the sale of 631 licenses, with Stella Investments paying Richmond $25,000 in cash, potentially impacting Richmond’s focus and operations by consolidating its efforts in other regions.

More about Richmond Minerals

Richmond Minerals Inc. is a mineral exploration company listed on the Toronto Venture Stock Exchange (TSXV: RMD) that has been actively engaged in exploration projects in Ontario and Austria since the early 1980s.

YTD Price Performance: -25.00%

Average Trading Volume: 22,568

Technical Sentiment Signal: Buy

Current Market Cap: C$543.2K

For detailed information about RMD stock, go to TipRanks’ Stock Analysis page.

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