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Option to acquire 20% interest in gold assets with 350,000oz of mineral resources RGO is pleased to announce that it has entered into a conditional term sheet with Kodal Minerals plc ( Kodal ) to potentially acquire a 20% interest in Kodal s portfolio of gold assets in West Africa which range from early exploration to assets with mineral resources. This investment would enable RGO to provide its investors with more direct exposure to a broader range of alternative assets at valuations that are often lower than the levels available in the public markets. RGO is expecting to invest up to US$1.25 million as part of an overall US$2.5 million funding package, arranged by RiverFort Global Capital Limited, for Kodal to fund the acquisition of the Fatou Gold project in Southern Mali (the Fatou Project ) and the development of Kodal s portfolio of gold assets. ....
Option to acquire 20% interest in gold assets with 350,000oz of mineral resources RGO is pleased to announce that it has entered into a conditional term sheet with Kodal Minerals plc ( Kodal ) to potentially acquire a 20% interest in Kodal s portfolio of gold assets in West Africa which range from early exploration to assets with mineral resources. This investment would enable RGO to provide its investors with more direct exposure to a broader range of alternative assets at valuations that are often lower than the levels available in the public markets. RGO is expecting to invest up to US$1.25 million as part of an overall US$2.5 million funding package, arranged by RiverFort Global Capital Limited, for Kodal to fund the acquisition of the Fatou Gold project in Southern Mali (the Fatou Project ) and the development of Kodal s portfolio of gold assets. ....