Gulf Resources to buy crude salt fields in deals totaling $39M [Seeking Alpha]
Gulf Resources, Inc. (GURE)
US:NASDAQ Investor Relations:
gulfresourcesinc.com
Company Research
Source: Seeking Alpha
Gulf Resources ( GURE ) said the acquisition of the crude salt fields may enable it to open bromine factories #2 and #10, and said it will be able to drill more wells and achieve a higher level of utilization. The company estimates needing 6-9 months to prepare for the opening of the two factories, as it builds out the salt pans and drill new wells; production is expected to begin in H1 2025. Recommended For You More Trending News Recommended For You More Trending News About GURE Stock Related Stocks Trending Analysis Trending News
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GURE
News
- Gulf Resources Announces Receipt of Nasdaq Non-Compliance NoticeGlobeNewswire
- Gulf Resources Receives Extension from NASDAQ to Regain Compliance [Yahoo! Finance]Yahoo! Finance
- Gulf Resources Receives Extension from NASDAQ to Regain ComplianceGlobeNewswire
- Gulf Resources Announces the Signing of Agreements to Acquire Crude Salt Fields [Yahoo! Finance]Yahoo! Finance
- Gulf Resources Announces the Signing of Agreements to Acquire Crude Salt FieldsGlobeNewswire
GURE
Sec Filings
- 9/27/24 - Form 10-K
- 8/22/24 - Form 8-K
- 7/2/24 - Form 8-K
- GURE's page on the SEC website