BlackGold Natural Resources Ltd. (SG:41H) has released an update.
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BlackGold Natural Resources Ltd., currently under judicial management, has announced the reception of letters of intent from two potential ‘white knight’ investors, with another expected shortly, aiming to fulfill the goals of its judicial management. Consequently, the company is seeking court approval for an extension to finalize the judicial manager’s proposals and a six-month extension for its judicial management period starting from 26 July 2024. Further updates on the company’s status will be provided as significant developments occur.
For further insights into SG:41H stock, check out TipRanks’ Stock Analysis page.