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Pasofino Gold Nears Potential US$75 Million Acquisition

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Pasofino Gold Nears Potential US$75 Million Acquisition

Pasofino Gold (TSE:VEIN) has released an update.

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Pasofino Gold Limited has announced an exclusivity agreement for a potential cash acquisition of the company by an unidentified purchaser for US$75 million. The agreement is pending due diligence and the expected entry into a definitive agreement by Q4 2024. The company is concurrently seeking interim financing to advance optimization initiatives for its Dugbe Gold Project in Liberia.

For further insights into TSE:VEIN stock, check out TipRanks’ Stock Analysis page.

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