Sylla Gold Expands Namibia Gold Belt Holdings

Sylla Gold Corp (TSE:SYG) has released an update.

Sylla Gold Corp. has updated its agreement to acquire a 95% stake in four high-potential gold properties in Namibia from Namibia Critical Metals, with the deal including the issuance of 3 million common shares and a $100,000 cash payment. The revised closing date for this transaction, which is contingent on regulatory approvals, is now set for August 31, 2024. This acquisition aims to expand Sylla’s footprint in a significant African gold belt, signaling growth opportunities for investors.

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