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Sumitomo makes strategic investment in Kenorland Minerals

MINING.COM Staff Writer | November 03, 2021 | 9:15 am Markets Top Companies Canada Gold 

Kenorland Minerals (TSXV: KLD) announced Wednesday it has closed a C$5.2 million ($4.2m) strategic investment by Sumitomo Metal Mining Canada Ltd. Under the financing, Sumitomo purchased approximately 5.21 million common shares of Kenorland at C$1.00 each, which results in Sumitomo owning approximately 10.1%...

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