Pasofino Gold (TSE:VEIN) 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
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.