Sterling Metals Corp. (TSE:SAG) has released an update.
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Sterling Metals Corp. is set to expand its copper exploration efforts after Copper Road Resources shareholders overwhelmingly approved a deal for Sterling to acquire key mineral rights in Ontario. This strategic move, favored by approximately 90.88% of voting shareholders, allows Sterling to advance two copper properties and distribute a portion of its shares to Copper Road shareholders as part of the transaction’s terms. The acquisition promises to harness Ontario’s and Labrador’s mineral potential, with Sterling poised to capitalize on the strengthening copper market.
For further insights into TSE:SAG stock, check out TipRanks’ Stock Analysis page.
