10:51 AM EDT, 03/17/2026 (MT Newswires) -- Troilus Mining ( CHXMF ) on Tuesday said it signed a Memorandum of Understanding (MoU) with Boliden Commercial AB for the long-term offtake of copper-gold concentrate from the company's Troilus project in north-central Quebec, Canada.

The company said the MoU advances the previously announced indicative commercial offtake terms to a more formal stage and establishes a framework for future concentrate deliveries.

"Advancing our relationship to this stage reflects growing commercial confidence in the quality, scale and strategic importance of our Project, and reinforces Quebec's position as a stable, clean-energy jurisdiction for responsible mineral development," said Troilus Chief Executive Justin Reid. "Alongside our agreement with Aurubis, this MoU further underpins our concentrate marketing strategy and aligns with the structures project financing process currently underway."

The agreements with Boliden and with Aurubis establish commercial terms for significant portions of the project's anticipated concentrate production and form a key component of Troilus' broader financing strategy.

Shares of the company were last seen up 1.5% at $1.655 on the Toronto Stock Exchange.

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