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Why Ridgeline Sold Its Carlin & Cortez Portfolio for C$32.7 Million
Published 2 months, 2 weeks ago
Description
Ridgeline Minerals has announced a transformative C$32.7 million all-cash sale of its Carlin and Cortez Trend gold portfolio to Nevada Gold Mines, dramatically strengthening the company's balance sheet while validating its project generator strategy. CEO Chad Peters discusses why now was the right time to monetize these assets, how the proceeds will be deployed, what's next for Ridgeline's exploration pipeline, and why the company believes its South32-funded Selena discovery remains a key driver of future value.