3D Resources Limited (AU:ADG) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Adelong Gold Limited has successfully negotiated a deal with Sarama Resources to settle its loan obligations with Cosmo Gold, receiving 25 million fully paid ordinary shares and 7.5 million options in Sarama. This strategic agreement not only strengthens Adelong’s asset portfolio but also aligns with its growth objectives in the gold sector, enhancing liquidity for future projects in Australia and Brazil. The transaction is nearing completion, with final license transfers expected shortly.
For further insights into AU:ADG stock, check out TipRanks’ Stock Analysis page.