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Duke Exploration (ASX:DEX) acquisition update

Duke Exploration Limited (ASX:DEX) has reported progress in its acquisition of True North Copper (TNC), as both companies have completed due diligence on each other's assets.

Duke will soon issue a prospectus, and a shareholder meeting to consider the transaction is scheduled for May 26, 2023.

The merger aims to create a Queensland-based copper critical metals explorer with potential for near-term copper production.

 

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