Friday, June 21, 2024

Avanti Gold acquires prospecting rights in Botswana 

Botswana’s nascent gold industry is getting another player after the Canadian gold explorer Avanti gained rights to prospecting gold licences after entering into a share exchange agreement with MTM Ltd., a privately held Seychelles company.

Avanti has proposed to acquire all the outstanding share capital of MTM, which together with a local partner, holds the rights to gold prospecting licenses which cover an area of approximately 90 hectares. 

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