Business
The Thomson (ASX:TMZ) share price jumped 9% higher today after its latest announcement
The Thomson Resources Ltd (ASX: TMZ) share price ended the day higher after providing an update on the sale of the Webbs and Conrad Projects. At market close, shares in the Australian-based exploration company finished at 18 cents, up 9.37%.
Let’s take a look and see why the company’s shares rose strongly.
What did Thomson announce?
The Thomson share price advanced higher after reporting progress on its deal with Silver Mines Limited (ASX: SVL).
According to its release, Thomson advised that it reached an agreement with Silver Mines to amend the sale contracts of the Webbs and Conrad Projects.
Both companies originally signed a binding…
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