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Dermot Desmond s punt on African Gold teeters on the edge

The billionaire Irish sponsor of the blank cheque company stands to lose a significant amount of his investment as the gold firm has a mere two months to complete a major deal while also dealing with the fallout from a major embezzlement case

Desmond-linked African Gold fund appoints new finance officer to drive deal

African Gold Acquisition must use the funds to complete a merger before next March

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