Tempest Minerals Limited (AU:TEM) has released an update.
Tempest Minerals Ltd (TEM) has announced the successful sale of shares in Tolu Minerals Limited, generating $1M in proceeds to fund rapid exploration activities, including a drill program at the Remorse copper target. While TEM has realized a significant return on its investment, it retains a stake in Tolu for future gains. This strategic move aims to enhance shareholder value and advance TEM’s exploration endeavors in Western Australia.
For further insights into AU:TEM stock, check out TipRanks’ Stock Analysis page.
