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An announcement from African Gold Ltd. ( (AU:A1G) ) is now available.
African Gold Limited has entered into a Scheme Implementation Deed with Montage Gold Corp., under which Montage will acquire African Gold in an all-scrip transaction. This deal offers African Gold shareholders a significant premium on their shares and provides them with ownership in a larger, well-capitalized gold company focused on Côte d’Ivoire. The transaction is expected to enhance the development and production potential of the Didievi Gold Project, strengthening Montage’s portfolio and presence in the region.
More about African Gold Ltd.
African Gold Limited is a company operating in the gold mining industry, primarily focused on the development and exploration of gold projects. Its key asset is the Didievi Gold Project, which is strategically positioned in Côte d’Ivoire.
YTD Price Performance: 472.73%
Average Trading Volume: 981,638
Technical Sentiment Signal: Buy
Current Market Cap: A$168M
Learn more about A1G stock on TipRanks’ Stock Analysis page.