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Ridgeline Minerals boosts stake in Spartan Metals to 17.3% with 5M new shares acquired.

Market News
06 Aug 2026, 04:00 WIB
Newsfile Corp
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Neutral
Ridgeline Minerals boosts stake in Spartan Metals to 17.3% with 5M new shares acquired.

Ridgeline Minerals Corp. acquired an additional 5 million common shares of Spartan Metals Corp., increasing its ownership to 10.23 million shares or about 17.3% of Spartan Metals. This acquisition is part of a share purchase agreement related to a prior sale of Spartan Exploration Nevada Corporation shares. Ridgeline obtained these shares without additional cash payment, as they are part of the purchase price. The company may continue to buy or sell Spartan Metals shares depending on market conditions and investment strategy.

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