Antler Gold (TSE:ANTL) has released an update.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Antler Gold Inc. has announced an extension to the signing date for a definitive option agreement with Fortress Asset Management for the Erongo Central Gold Project in Namibia. The deal, which would allow Fortress to acquire a full interest in the project, includes a $5.5 million payment and $6 million in exploration spending, with Antler retaining a 2% royalty and operational control. Antler Gold has obtained shareholder approval and is finalizing the agreement, which promises to bolster the company’s gold and rare earth element portfolio.
For further insights into TSE:ANTL stock, check out TipRanks’ Stock Analysis page.