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Caracal Gold PLC ( (GB:IGLD) ) has shared an announcement.
Imara Gold plc has entered into an exclusivity agreement with Volts Velocity LLC FZ for exploration licenses in Zambia, focusing on gold and copper. This agreement allows Imara Gold to conduct due diligence and potentially acquire or form a joint venture for these licenses, marking a strategic move to establish a presence in Zambia’s growing gold industry.
More about Caracal Gold PLC
Imara Gold plc is an East African-focused gold company headquartered in Nairobi, Kenya. The company is dedicated to expanding its gold production and resources through organic growth and strategic acquisitions and partnerships in East Africa. Imara Gold is committed to responsible mining practices, contributing positively to local communities, and prioritizing the health, safety, and wellbeing of its employees and their families.
Technical Sentiment Signal: Sell
Current Market Cap: £5.41M
See more insights into IGLD stock on TipRanks’ Stock Analysis page.