AngloGold Ashanti Secures Approval for Lake Carey Acquisition

Matsa Resources Limited ( (AU:MAT) ) has issued an announcement.

Matsa Resources Limited announced that AngloGold Ashanti Australia Limited has received approval from the Australian Foreign Investment Review Board to acquire Matsa’s Lake Carey Gold Project. This approval fulfills a key condition of their agreement, with Matsa having already secured waivers from third parties with rights of first refusal on the involved tenements. This development is a significant step in the transaction process, potentially impacting Matsa’s operations and market positioning.

More about Matsa Resources Limited

Matsa Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and production. The company is involved in projects such as the Lake Carey Gold Project and is listed on the Australian Securities Exchange (ASX).

YTD Price Performance: 5.00%

Average Trading Volume: 45,862

Technical Sentiment Signal: Hold

Current Market Cap: €20.73M

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