Alice Queen Ltd. (AU:AQX) has released an update.
Alice Queen Ltd. is set to strengthen its financial position and accelerate its gold-focused exploration strategy in Fiji following a significant investment by Beijing Gage Capital Management Co. Ltd. The proposed acquisition of additional shares will result in Gage Capital obtaining a majority stake, enhancing Alice Queen’s capacity to fully fund its exploration endeavors. The company’s exploration efforts are actively progressing, with a promising gold project in Sabeto and plans to recommence work at the Viani site.
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