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An update from First AU Ltd. ( (AU:FAU) ) is now available.
First Au Limited has satisfied a key condition for the 100% earn-in acquisition of the Nimba Gold Project in Liberia, following successful legal due diligence. The company has completed an initial mapping program and identified drill holes, with plans to commence drilling before the Annual General Meeting on 30 July 2025. Additionally, First Au has secured A$1.5 million in a private placement to support the acquisition, with the issuance of 100 million new shares pending shareholder approval.
More about First AU Ltd.
First Au Limited is a company in the mining industry, primarily focused on gold exploration and development. The company is engaged in acquiring and developing gold projects, with a market focus on high-potential gold sites.
Current Market Cap: A$7.25M
Learn more about FAU stock on TipRanks’ Stock Analysis page.