Triton Minerals Limited (AU:TON) has released an update.
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Triton Minerals Limited has inked a deal with Shandong Yulong Gold to sell 70% of its Mozambique Graphite Assets for $17 million. The agreement is part of Triton’s strategy to unlock shareholder value and further its exploration efforts, while retaining a 30% interest in the graphite assets. This move is expected to bolster Triton’s financial position and diversify its asset portfolio.
For further insights into AU:TON stock, check out TipRanks’ Stock Analysis page.
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