TSX:ASCUMetals and Mining
Arizona Sonoran Regains Full Cactus Control After Nuton Exit Costs
Arizona Sonoran Copper (TSX:ASCU) and Nuton LLC have agreed to terminate their joint venture and investor rights agreements.
The move hands Arizona Sonoran Copper full control of the Cactus Project, along with associated technical data.
The separation also unwinds related financial arrangements with Nuton, a Rio Tinto venture.
For you as an investor, the key point is that Arizona Sonoran Copper now has sole ownership of the Cactus Project and no longer shares decision making with Nuton. The...