Fjordland and Cariboo Rose to Spin-Off Woodjam Copper-Gold-Molybdenum Project, British Columbia
Fjordland Exploration Inc. (CVE:FEX) and Cariboo Rose Resources Ltd. (CVE:CRB) report that they have entered into a LOI to combine their respective interests in the Woodjam North and South copper-gold-molybdenum mineral properties, Williams Lake, British Columbia, Canada.
Fjordland Exploration Inc. (TSXV:FEX) and Cariboo Rose Resources Ltd. (TSXV:CRB) report that they have entered into a LOI to combine their respective interests in the Woodjam North and South copper-gold-molybdenum mineral properties, Williams Lake, British Columbia, Canada.
The press release is quoted as saying:
The purpose of the spin-off transaction is to preserve the interests of Fjordland and Cariboo Rose shareholders in the Woodjam properties by transferring them to a stand-alone corporate entity focused on the exploration and development of the Properties. This transaction will also facilitate the advancement and recognition of the other mineral exploration projects held by Fjordland and Cariboo Rose.
Fjordland’s President and CEO, Tom Schroeter says:
“Combining Fjordland’s and Cariboo Rose’s Woodjam interests into a single company optimizes the projects’ development and retains shareholder value in the Properties.” “Also, this allows Fjordland to focus on its other exciting B.C. projects, especially our 100% owned Iron Range properties, and the Kimberley Gold Trend properties where we plan to drill this summer.”
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1827.54 | +0.47 | |
Silver | 21.15 | +0.03 | |
Copper | 3.74 | 0.00 | |
Palladium | 1879.51 | +6.50 | |
Platinum | 911.26 | +4.32 | |
Oil | 107.06 | +2.79 | |
Heating Oil | 4.24 | +0.02 | |
Natural Gas | 6.17 | -0.07 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Featured stocks
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.