Alpha Copper Corp ( (TSE:STCU) ) has issued an announcement.
Star Copper Corp. has announced the approval of a plan to spin out its Okeover copper-molybdenum project into a separate entity, Alpha Copper Corp., following shareholder and court approvals. This strategic move aims to unlock the unrealized value of the Okeover Project while allowing Star Copper to focus on its core Star copper-gold porphyry project. The arrangement will provide shareholders with stakes in two specialized companies, enhancing value creation and operational focus.
More about Alpha Copper Corp
Star Copper Corp. is a company focused on contributing to the green economy by finding and developing copper resource assets in stable jurisdictions. It is positioned to earn a 60% interest in the Indata copper-gold project located in north-central British Columbia and has acquired 100% of the Star project after acquiring Cavu Energy Metals.
Average Trading Volume: 25,336
Technical Sentiment Signal: Buy
Current Market Cap: C$12.77M
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