Hummingbird Resources (GB:HUM) has released an update.
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Hummingbird Resources has announced that Pasofino Gold Limited is making significant strides in a strategic review to advance the Dugbe Gold Project in Liberia, with two non-binding expressions of interest already submitted for company acquisition. The review’s goal is to secure financing for the Definitive Feasibility Study of the project, with expectations to finalize an acquisition agreement by the end of 2024. However, there is no guarantee that the ongoing discussions will result in a definitive transaction.
For further insights into GB:HUM stock, check out TipRanks’ Stock Analysis page.
