tiprankstipranks
Company Announcements

Tajiri Resources Set to Acquire Promising Yono Gold Property

Story Highlights
Tajiri Resources Set to Acquire Promising Yono Gold Property

Tajiri Resources (TSE:TAJ) has released an update.

Tajiri Resources Corp. is set to acquire a 65% interest in the Yono Property in Guyana, which is strategically located near substantial gold resources, yet itself remains underexplored. The deal, which hinges on shareholder and regulatory approvals, will be settled with 40 million shares of the company. The acquisition is significant due to Yono’s proximity to gold resources totaling 7.9 million ounces, suggesting potential for future exploration and infrastructure development.

For further insights into TSE:TAJ stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1