Pennine Petroleum (TSE:PNN) has released an update.
Pambili Natural Resources Corporation has successfully received final approval from the TSX Venture Exchange for its acquisition of the Golden Valley Gold Mine, marking a significant step in their strategy to rejuvenate under-performing gold mines. This development offers Pambili a solid foundation to further its expansion plans, with additional acquisitions expected to be announced soon. The Golden Valley Gold Mine is located near Bulawayo, Zimbabwe, and the acquisition aligns with Pambili’s focus on resource exploration and development in the region.
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