The TSX Venture Exchange has accepted for filing documentation with respect to the arm's-length acquisition of the remaining 51-per-cent interest in the Dugbe project, Liberia, to own a 100-per-cent interest, subject to the government of Liberia's 10-per-cent carried interest. As a result of the acquisition, Hummingbird Resources PLC converted its 51-per-cent ownership of the Dugbe project into a 51-per-cent interest in the company through the issuance of 54,027,783 shares to Hummingbird Resources PLC.
Consideration: 54,027,783 common shares
For further details, please refer to the company's news releases dated Nov. 1, 2022, Feb. 13, 2023, Dec. 7, 2023, and Dec. 12, 2023.
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