Centerra Gold to Buy 9.9% Stake in Mundoro Capital for C$ 4.08 Million
Bitget2026/11/06 13:52- Centerra Gold will invest approximately CAD 4.08 million in Mundoro Capital through a private placement for a 9.9% stake.
- The subscription covers 12,374,000 common shares at CAD 0.33 each.
- Closing is expected around November 27, 2026, subject to corporate and regulatory approvals, including TSX Venture Exchange acceptance.
- Proceeds will fund exploration at non-partnered projects and general working capital.
- Centerra will have participation rights in future equity financings to maintain its ownership stake.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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