TORONTO, April 07, 2025 (GLOBE NEWSWIRE) — Sulliden Mining Capital Inc. (“Sulliden” or the “Company”) (TSX: SMC) is pleased to announce that it has indirectly acquired a 5.2% interest in a nickel, zinc, and lead mining exploration project in Poland (the “Project”) through the purchase of 10% of the issued and outstanding shares of Sustainable Royalty Corp. (the “Target”), a private company, from Mr. Stan Bharti (the “Vendor”), a former chief executive officer and director of the Company (the “Acquisition”). The Project consists of the Szklary and Dabrowka concessions, each as described in greater detail below.
Pursuant to a share purchase agreement respecting the Acquisition dated April 3, 2025, Sulliden acquired a 10% equity interest in the Target (or 1,000,000 of the Target’s issued and outstanding common shares), with Mr. Bharti retaining a 63% interest. The Target owns 52% of Ferrite Resources Polska…
