Northern Superior announces ONGold's acquisition of Monument Bay and Domain gold projects in Manitoba
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Northern Superior Resources Inc. announced that ONGold Resources, in which it holds a 72% stake, has acquired the Monument Bay and Domain gold projects from Agnico Eagle Mines and Capella Minerals. The acquisition involves $250,000 in cash and 8.7 million ONGold shares valued at $4.2 million.
November 25, 2024 | 3:30 pm
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POSITIVE IMPACT
Northern Superior's ONGold acquisition of Monument Bay and Domain projects could enhance its asset base and future growth prospects.
The acquisition by ONGold, in which Northern Superior holds a 72% stake, is likely to enhance Northern Superior's asset base and growth prospects, potentially leading to a positive impact on its stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80