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Alma Gold Updates on Guinea Operations, Appoints New Director, and Announces Private Placement

Story Highlights
  • Alma Gold’s Guinea mining operations face permit revocation, but key permits remain secure.
  • Matthew Sharples joins Alma Gold’s board, strengthening its strategic focus in Guinea.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alma Gold Updates on Guinea Operations, Appoints New Director, and Announces Private Placement

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Alma Gold ( (TSE:ALMA) ) just unveiled an announcement.

Alma Gold Inc. announced updates on its mining interests in Guinea, including the revocation of one of its permits due to exploration deficiencies, while two main permits remain in good standing. The company appointed Matthew Sharples, a seasoned mining professional, as a new director, enhancing its strategic capabilities in Guinea. Additionally, Alma Gold plans to close a private placement to raise up to $1.0 million, with participation from insiders, including Mr. Sharples.

More about Alma Gold

Alma Gold Inc. is a gold-focused exploration company based in Bedford, Nova Scotia. Through its subsidiary Karita Gold Corp., it is exploring the Karita West Project in northern Guinea and the Dialakoro project permits in the Siguiri Basin of Guinea. The company also owns the Clarence Stream North Gold Project in southwest New Brunswick, Canada.

YTD Price Performance: -11.11%

Average Trading Volume: 50,166

Technical Sentiment Signal: Hold

Find detailed analytics on ALMA stock on TipRanks’ Stock Analysis page.

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