• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Base Metals Market
    Base Metals News
    Base Metals Stocks
    • Base Metals Market
    • Base Metals News
    • Base Metals Stocks
    copper investing

    Regulus Announces Closing of Spin-Out of Aldebaran Resources

    Scott Tibballs
    Oct. 26, 2018 08:39AM PST
    Base Metals Investing
    NYSE:SBGL

    Aldebaran has entered into a joint venture and option agreement with Stillwater Canada to acquire up to an 80 percent interest in the Altar copper-gold project in San Juan Province, Argentina.

    Regulus Resources has announced that, further to its news releases of June 29, 2018, August 30, 2018, September 24, 2018, October 9, 2018 and October 22, 2018, it has completed the spin-out of Aldebaran Resources

    In addition, Aldebaran has entered into the previously announced joint venture and option agreement with Stillwater Canada LLC, an indirect subsidiary of Sibanye Gold Limited, trading as Sibanye-Stillwater (NYSE:SBGL) to acquire up to an 80 percent interest in the Altar copper-gold project in San Juan Province, Argentina.

    CEO of Regulus and Aldebaran, John Black said:

    “We are extremely pleased to have completed this transaction, which will allow Regulus to focus on its AntaKori (gold-copper) project in Peru with no further funding obligations in Argentina, and provide Regulus shareholders with equity, at no cost, in a new well-funded mineral exploration company that will focus on the Altar project, which management believes has considerable upside.”

    Click here to read the full Regulus Resources press release.

    ALDE:CA
    argentinanyse:sbglregulus resourcesstillwater canadacopper investing
    The Conversation (0)

    Go Deeper

    AI Powered
    Aldebaran Announces Intention to Spin Out Northern Argentina Exploration Projects into a New Argentine-Focused Exploration Company and Provides an Update on the Altar PEA

    Aldebaran Announces Intention to Spin Out Northern Argentina Exploration Projects into a New Argentine-Focused Exploration Company and Provides an Update on the Altar PEA

    Gold Investing

    5 Top Weekly TSXV Stocks: Altus Gets Investment Boost

    Latest News

    Cotec Holdings Corp. Notes Hypromag USA Project Update

    Insider Loan to Corporation

    Prismo Metals Identifies Porphyry Style Mineralization at Silver King

    Empire Metals Limited Announces Director/PDMR Shareholding

    Empire Metals Limited Announces Exercise of Options

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Base Metals Investing Stocks

    Empire Metals

    EPMLF

    Corazon Mining

    CZN:AU

    Blackstone Minerals

    BSX:AU

    Osisko Metals: Pure Potential

    OM:CA

    Los Andes Copper

    LA:CA

    Questcorp Mining

    QQQ:CC
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×