PolarX Ltd (ASX:PXX) is seeking a new farm-in partner for the Stellar Project after Lundin Mining Corporation notified the company it would not exercise its earn-in right.
Notably, Lundin Mining remains PolarX’s largest shareholder with a 12.8% stake in the company.
Other notable institutional investors on the company’s register include JP Morgan, US Global, Ruffer Gold Fund and Lowell Resources Fund.
PolarX now retains its entire portfolio of projects in Alaska as per below.