G Mining Ventures Corp (TSE:GMIN) has released an update.
G Mining Ventures Corp. (GMIN) has announced a definitive agreement to acquire Reunion Gold Corporation’s Oko West Project in Guyana, with the goal of becoming a top intermediate gold producer in the Americas. The acquisition promises to leverage GMIN’s proven track record in the Guiana Shield region, supported by expected cash flow from the Tocantinzinho Gold Project. The deal includes significant financial backing, with a US$50 million equity financing from La Mancha and Franco-Nevada, and an additional purchase intention by La Mancha in the open market.
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