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CERRO DE PASCO RES INC - $GPPRF STOCK NEWS

Welcome to our dedicated page for CERRO DE PASCO RES news (Ticker: $GPPRF), a resource for investors and traders seeking the latest updates and insights on CERRO DE PASCO RES stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CERRO DE PASCO RES's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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News
Rhea-AI Summary
Cerro de Pasco Resources Inc. provides an update on the easement procedure for exploring and exploiting the Quiulacocha Tailings in Peru. The has completed various legal and technical steps required by Peruvian law. Additionally, the company announces a pending $2.5M investment, a partial debt settlement agreement with the issuance of common shares, amendments to outstanding share purchase warrants, issuance of shares and options to consultants for strategic business development activities.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
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Rhea-AI Summary
Cerro de Pasco Resources Inc. has announced the implementation of measures to strengthen its consolidated balance sheet by restructuring liabilities at its subsidiary, Cerro de Pasco Subsidiaria del Perú SAC, owner of the Santander mine. The Santander mine continues to operate safely and reliably on a care and maintenance basis. As part of the Restructuring Plan, Santander has applied for a Preventive Restructuring Proceeding before the Peruvian National Institute for the Defense of Competition and the Protection of Intellectual Property (INDECOPI). The company remains optimistic about the long-term continuity of operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.43%
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Rhea-AI Summary
Cerro de Pasco Resources Inc. (CDPR) announces resolution by the independent Mining Council endorsing their application for a Legal Easement, allowing access to the surface areas for their Quiulacocha Tailings Project. The company expects to complete a 40-hole drilling program and a preliminary economic assessment by Q3 of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.29%
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CERRO DE PASCO RES INC

OTC:GPPRF

GPPRF Rankings

GPPRF Stock Data

25.20M
221.98M
20.5%
15.13%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
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United States of America
Saint Sauveur