Sanu Gold Announces Strategic Partnership with Montage Gold & Strategic Investment by the Lundin Family [Yahoo! Finance]
AngloGold Ashanti PLC Ordinary Shares (AU)
US:NYSE Investor Relations:
anglogoldashanti.com/investors
Company Research
Source: Yahoo! Finance
to 76,307,155 common shares of Sanu Gold, representing approximately 19.9% of Sanu Gold post-transaction. (Source: 'Under the Share Exchange Transaction, Sanu will receive 2,337,921 Montage Shares...in exchange for the issuance of 76,307,155 Sanu Common Shares...') The total value of the investment is up to CAD $10,055,412, with Montage Gold Corp. investing up to CAD $5,494,115 and the Lundin Family investing up to CAD $4,561,297. (Source: '...the Company plans to complete a strategic investment by Montage Gold Corp...having a total value of up to CAD $10,055,412.') The Company expects to use the net proceeds to advance exploration, including geophysics and drilling on the Company's Daina, Diguifara and Bantabaye Gold Exploration Permits in Guinea, West Africa, and for general and administrative purposes. (Source: 'The Company expects to use the net proceeds of the Offering to advance exploration...and for general and administrative purposes.') Martino De Ciccio, CEO of Montage
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News
- Sanu Gold Announces Closing of Strategic Partnership with Montage Gold & Strategic Investment by the Lundin Family [Yahoo! Finance]Yahoo! Finance
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