Marvel Gold Ltd. (AU:MVL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Marvel Gold Ltd. has entered into an agreement to sell its Tabakorole and Yanfolila gold projects in Mali to Precious Metal Consulting and Engineering LLC for AUD$3 million. This strategic move supports Marvel’s goal to explore new growth opportunities beyond Mali, utilizing the funds from this transaction. The deal involves a 90-day exclusivity period for due diligence, with conditions including regulatory approvals from Mali and Australia.
For further insights into AU:MVL stock, check out TipRanks’ Stock Analysis page.