Emerald Resources Expands Stake with Golden Horse Deal

Emerald Resources NL (AU:EMR) has released an update.

Emerald Resources NL is set to become the largest shareholder in Golden Horse Minerals Limited following the sale of its Southern Cross Gold Project, as part of Golden Horse’s dual listing on the ASX. The company is offering a priority opportunity for its shareholders to acquire shares in Golden Horse, highlighting potential growth in its gold assets. This strategic move could attract investors interested in expanding their portfolios in the gold mining sector.

For further insights into AU:EMR stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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