Clarity Metals agrees to acquire 80% stake in Idaho Bobcat copper project for $0.05/unit in 20,000,000-unit deal
Bitget2026/09/25 11:07- Clarity Metals signed a deal on Sept. 22 to acquire an 80% interest in the Bobcat copper project in Lemhi County, Idaho.
- Transaction terms call for issuing 20,000,000 units priced at $0.05 each; each unit includes one share plus a five-year warrant at $0.10.
- Kluane Capital FZCO and Cloudbreak Discovery hold 10% carried interests each until a positive preliminary feasibility study, then plan to form a joint venture.
- Closing is expected in September 2026, subject to required approvals including the Canadian Securities Exchange.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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