Inomin Receives Conditional Approval on Beaver-Lynx Transaction
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 18 2025
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Source: Yahoo Finance
Joint Venture Agreement: Inomin Mines Inc. has entered into a joint venture agreement with Sumitomo Metal Mining Canada Ltd., allowing Sumitomo to earn up to an 80% interest in the Beaver-Lynx project, pending final approval from the TSX Venture Exchange and shareholder consent at the upcoming annual meeting on July 3, 2025.
Private Placement Financing: The company plans to raise up to $350,000 through a non-brokered private placement of securities, selling non-flow-through units at a price of $0.035 each.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
