tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Avanti Gold Secures New Prospecting Territory

Avanti Gold Secures New Prospecting Territory

Valorem Resources (TSE:AGC) has released an update.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Avanti Gold Corp. has expanded its gold exploration footprint by completing the acquisition of MTM Ltd., which holds prospecting rights in the gold-rich Kraaipan Greenstone Belt in Northwest South Africa. The deal enhances Avanti Gold’s portfolio with the addition of approximately 90 hectares in a promising, underexplored region. In exchange for acquiring MTM, Avanti Gold issued 29 million common shares to the vendors, with resale restrictions in place until October 2024.

For further insights into TSE:AGC stock, check out TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1