First Au Limited Completes Stage-1 Earn-in at Nimba Gold Project

First AU Ltd. ( (AU:FAU) ) has issued an announcement.

First Au Limited has completed Stage-1 of its joint-venture earn-in agreement for the Nimba Gold Project in Liberia, acquiring a 35% interest by issuing 100,000,000 shares and making cash payments totaling A$250,000. This milestone marks the company’s commitment to advancing its acquisition strategy, with plans to progress to Stage-2. The completion of this stage is part of a broader strategy to secure a flagship project that could significantly enhance shareholder returns.

More about First AU Ltd.

First Au Limited (ASX: FAU) is an advanced exploration company focused on gold and base metals. It is listed on the Australian Securities Exchange and is involved in projects such as the Victorian Goldfields Project in East Gippsland and the Gimlet Gold project near Kalgoorlie. The company is actively seeking high-quality gold projects globally to enhance shareholder value, including its recent joint-venture exploration at the Nimba Gold Project in Liberia.

Current Market Cap: A$12.58M

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