Orezone Gold (TSE:ORE) has released an update.
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Nioko Resources Corporation has acquired a significant stake in Orezone Gold Corporation, purchasing 19.99% of common shares for C$64.9 million. This strategic investment by the West African investment group represents a major shift in ownership for Orezone. Nioko Resources indicates potential changes to their stake depending on market conditions.
For further insights into TSE:ORE stock, check out TipRanks’ Stock Analysis page.