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True North Copper Completes Acquisition of Renegade Exploration's Interest in Queensland Joint Venture

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True North Copper (ASX:TNC) completed the acquisition of Renegade Exploration's (ASX:RNX) interest in the Carpentaria joint venture in Queensland, following the expiry of the right of first refusal period without exercise by Glencore, according to a Thursday filing with the Australian bourse.

The transaction allows the company to consolidate ownership across the Mongoose-Taipan corridor and secure future exploration opportunities next to the Cloncurry project, the filing said.

True North Copper shares rose 2% in midday trade on Thursday.

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