Lexington Gold Ltd. (GB:LEX) has released an update.
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Lexington Gold Ltd has announced the successful renewal of the Jelani Resources Prospecting Right until May 2026, marking a significant step in their acquisition of White Rivers Exploration Proprietary Limited. This renewal has led to the issuing of 25.8 million new shares, notably to Mark Creasy and Sunswell Holdings Pty Limited, who now hold substantial portions of the company’s enlarged share capital. The renewal and share issuance signify progress in Lexington Gold’s strategic expansion and bolster their gold exploration endeavors in South Africa.
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