Hummingbird Resources (GB:HUM) has released an update.
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Hummingbird Resources plc announces progress on a potential acquisition involving Pasofino Gold Limited, which is currently in discussions with a counterparty and expanding its data room access for other interested parties. The non-binding offer for Pasofino is valued at approximately US$0.66 per common share, and site visits are being arranged for due diligence. This strategic move is part of Hummingbird’s ongoing efforts to enhance its asset base and production capabilities.
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