Turaco Gold Limited (ASX: TCG) announced that it has entered into a share sale agreement with ASX-listed Many Peaks Minerals Ltd for the divestment of its 89% interest in the joint venture with Predictive Discovery Ltd which holds rights, via a joint venture with a local entity, to up to an 85% interest in the Ferke and Odienne Projects in northern Cote d’Ivoire.
This divestment is consistent with the company’s stated intent to rationalize its large portfolio of exploration projects in Cote d’Ivoire to focus its resources on the Afema Gold Project, whilst retaining the Eburnea Project in central Cote d’Ivoire.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
