News
04 February 2025

Cerrado Gold to acquire Ascendant Resources

In:
Metals and Mining
Region:
Europe

Cerrado Gold will acquire all outstanding shares of Ascendant Resources it does not already own. The deal would give it an 80% interest in the Lagoa Salgada project in Portugal.Under the terms, Cerrado will issue one common share to Ascendant shareholders for every 7.8 shares acquired, or around...

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