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Steppe Gold set for major step up in production as it agrees Boroo Gold acquisition

Steppe Gold set for major step up in production as it agrees Boroo Gold acquisition
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Steppe Gold to acquire Boroo Gold in all-share deal

Steppe Gold, a precious metals company based in Mongolia, has signed a binding term sheet for the acquisition of all issued and outstanding common shares of compatriot Boroo Gold.

Steppe Gold to Acquire Boroo Gold to Create Mongolia s Leading Gold Producer

Ulaanbaatar, Mongolia (Newsfile Corp. - January 22, 2024) - Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold") is pleased to announce that it has entered into a binding term sheet (the "Term Sheet") pursuant to which Steppe Gold, either directly or through a wholly-owned subsidiary, will acquire all of the issued and outstanding common shares (the "BG Common Shares") of Boroo Gold LLC ("Boroo Gold") in an all-share transaction (the "Proposed Transaction").Transaction .

Steppe Gold Ltd : Steppe Gold to Acquire Boroo Gold to Create Mongolia s Leading Gold Producer

Steppe Gold Ltd : Steppe Gold to Acquire Boroo Gold to Create Mongolia s Leading Gold Producer
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