Perseus Mining sells 33M Montage shares, raising C$61.38M for balance sheet strengthening.
Perseus Mining, an Australian gold mining company, has sold 33M shares in Montage Gold Corp for C$1.86/share, raising C$61.38M ($45M). Perseus acquired the shares in May 2022 via its Orca Gold Inc acquisition. Sale proceeds will strengthen the balance sheet after a strategic stake purchase in ASX-listed Predictive Discovery, owner of Guinea's Bankan Gold Project.
7 months ago
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