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Amani Gold Advances with Giro Sale and Authium Deal

Amani Gold Advances with Giro Sale and Authium Deal

Amani Gold Limited (AU:ANL) has released an update.

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Amani Gold Limited has successfully received the second tranition payment of US$8,000,000 from Mabanga Shining SARL for the sale of the Giro Gold Project, with further payments scheduled until 2026. Shareholder approval has been secured for the sale, and preparations are underway for the Authium acquisition and the company’s anticipated re-listing on the ASX by the end of August 2024, subject to shareholder consent at the upcoming general meeting.

For further insights into AU:ANL stock, check out TipRanks’ Stock Analysis page.

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