Sanu Gold Announces Closing of Strategic Partnership with Montage Gold & Strategic Investment by the Lundin Family
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Sanu Gold has completed a strategic partnership with Montage Gold and received a significant investment from the Lundin Family. Montage Gold now holds a 19.9% stake in Sanu Gold, while the Lundin Family holds a 10% stake. The investments will fund exploration activities in Guinea.
December 31, 2024 | 12:15 pm
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Montage Gold has acquired a 19.9% stake in Sanu Gold, enhancing its strategic position in the mining sector. This partnership is expected to strengthen Montage Gold's exploration capabilities in West Africa.
The acquisition of a significant stake in Sanu Gold positions Montage Gold to benefit from exploration activities in Guinea, potentially leading to resource discoveries. This strategic move is likely to enhance Montage Gold's market position and investor confidence.
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