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Capella Terminates Asset Sale Agreement with Polar Transition for Central Norway Copper Assets

Capella Terminates Asset Sale Agreement with Polar Transition for Central Norway Copper Assets

07/19/24, 8:39 PM
Industry
natural resources
sustainability
Type
agreement
Capella Minerals Ltd has announced the termination of the asset sale agreement with Polar Transition Minerals AS for the sale of its central Norway copper assets. The decision to terminate the agreement was made after the elapse of the long stop date, and both companies have agreed to move forward independently.

Company Info

Company
Capella Minerals Ltd
Additional Info
Løkken Project is a mineral exploration project located in Trøndelag, Norway. Teako Minerals Corp. has acquired a 90% ownership interest in this project.