Golden Arrow Announces Initial Closing of Option on Mogote Project and Private Placement
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Golden Arrow Resources Corporation has completed the initial closing of an option agreement with Mogotes Metals Inc. for the Mogote Copper-Gold Project located in San Juan Province, Argentina. Through this option, Mogotes Metals will acquire a 100% interest in the project.
March 26, 2025 | 5:15 pm
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NEUTRAL IMPACT
The company has initiated an option agreement that allows Mogotes Metals to acquire full project interest in the Mogote Copper-Gold Project.
The option closing represents a strategic move that could potentially generate future revenue through option payments and potential future royalties, maintaining neutral short-term stock impact.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80