Alerio Gold Corp. Reports Major Asset Impairment

Alerio Gold Corp (TSE:ALE) has released an update.

Alerio Gold Corp. has revised its interim financial statements for the nine months ended May 31, 2024, recording a significant impairment of $16.2 million to its exploration and evaluation assets. This correction has materially affected the company’s reported total assets and shareholders’ equity, providing a clearer picture of Alerio’s financial health for investors.

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