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IN BRIEF: Altus Secures Deal To Sell Gold Projects In Cote d'Ivoire

Mon, 29th Jun 2020 20:28

Altus Strategies PLC - Mining royalty firm with projects in Cameroon, Mali and Ethiopia - Signs non-binding agreement with Toronto-listed Stellar Africa Gold Inc for sale of the Prikro and Zenoula gold projects located in Cote d'Ivoire. Altus will receive 2.5 million Stellar shares and 2.5 million share purchase warrants. Will also receive 2.5% net smelter return on projects.

Current stock price: 32.00 pence

Year-to-date change: down 8.6%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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