tiprankstipranks
Trending News
More News >

Waraba Gold Limited Corrects Release on Ivory Coast Earn-In Agreement

Story Highlights
Waraba Gold Limited Corrects Release on Ivory Coast Earn-In Agreement

Confident Investing Starts Here:

Waraba Gold Limited ( (TSE:WBGD) ) has shared an update.

Waraba Gold Limited announced a correction to its previous release regarding an earn-in agreement with Somaco in Ivory Coast. The company aims to acquire up to 80% of Somaco over four years by making payments totaling $2 million and fulfilling exploration commitments worth $5 million. Somaco holds two prospective gold licenses, the Sirasso and Tengrela Licenses, which are strategically located in mineral-rich regions. This agreement positions Waraba to expand its exploration footprint in a promising area, potentially enhancing its market position.

More about Waraba Gold Limited

Waraba Gold Limited is a resource exploration company focused on acquiring and exploring mineral properties. It is a reporting issuer in British Columbia and Alberta, with its common shares trading on the Canadian Securities Exchange under the symbol ‘WBGD’ and on the Frankfurt Stock Exchange under ‘ZE0’.

Average Trading Volume: 16,187

Technical Sentiment Signal: Buy

Current Market Cap: C$1.62M

For detailed information about WBGD stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App