FFX 0.00% 20.0¢ firefinch limited

News: MLL Barrick Gold, Anglogold Ashanti Sells Stake In Morila Mine To Mali Lithium Ltd

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    Aug 31 (Reuters) - Barrick Gold Corp ABX.TO :

    • PRESS RELEASE - BARRICK SELLS STAKE IN MORILA TO FOCUS ON TIER ONE ASSETS
    • CO, ANGLOGOLD ASHANTI LIMITED AGREED TO SELL THEIR 80% INTEREST IN MORILA GOLD MINE IN MALI TO MALI LITHIUM LIMITED
    • AGREED TO SELL TO MALI LITHIUM LIMITED FOR CASH CONSIDERATION ESTIMATED AT BETWEEN $22 MILLION AND $27 MILLION
    • SALE IS SUBJECT TO ACKNOWLEDGEMENT OF TRANSACTION BY STATE OF MALI, WHICH HOLDS REMAINING 20% OF MORILA GOLD MINE
    • PARTIES ARE TARGETING CLOSING OF DEAL BEFORE END OF OCTOBER 2020
 
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