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Marvel Gold Ltd. ( (AU:MVL) ) has shared an announcement.
Marvel Gold Limited has entered into a binding Share Purchase Agreement with Anchises Capital LLC to sell its interests in the Tabakorole and Yanfolila Gold Projects in Mali. This transaction is part of Marvel’s strategic portfolio realignment, allowing the company to focus on high-impact growth opportunities, such as the acquisition of the Hanang Gold Project in Tanzania, while strengthening its balance sheet with additional cash.
More about Marvel Gold Ltd.
Marvel Gold Limited is an Australian resources company listed on the Australian Securities Exchange, focusing on exploration, project development, and mining. The company is acquiring the Hanang Gold Project in Tanzania and holds shares in Evolution Energy Minerals Limited. Marvel is known for its experienced board and management team.
Average Trading Volume: 1,119,408
Technical Sentiment Signal: Sell
Current Market Cap: A$14.04M
Learn more about MVL stock on TipRanks’ Stock Analysis page.