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Santa Fe Minerals Nears Completion of Côte d’Ivoire Gold Project Acquisition

Story Highlights
  • Santa Fe Minerals is close to completing its acquisition of Côte d’Ivoire gold projects.
  • Only the capital raising remains outstanding, with transaction completion targeted by late January 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Santa Fe Minerals Nears Completion of Côte d’Ivoire Gold Project Acquisition

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The latest announcement is out from Santa Fe Minerals Ltd. ( (AU:SFM) ).

Santa Fe Minerals Ltd has confirmed that nearly all conditions for its acquisition of gold projects from WIA Gold Limited in Côte d’Ivoire have been satisfied, with only the associated capital raising yet to complete. The company expects to receive capital raising funds by the end of this week and to finalise the transaction, including issuing consideration securities and new shares, by the end of January 2026, marking a key step in advancing its West African growth strategy.

The most recent analyst rating on (AU:SFM) stock is a Hold with a A$0.30 price target. To see the full list of analyst forecasts on Santa Fe Minerals Ltd. stock, see the AU:SFM Stock Forecast page.

More about Santa Fe Minerals Ltd.

Santa Fe Minerals Ltd is an Australian-listed mineral exploration company focused on gold projects, with an expanding footprint in West Africa through assets in Côte d’Ivoire.

Average Trading Volume: 75,622

Technical Sentiment Signal: Buy

Current Market Cap: A$34.41M

For an in-depth examination of SFM stock, go to TipRanks’ Overview page.

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