AngloGold Ashanti buys 5% stake in Thesis Gold & Silver for C$38.7M

Reuters02-26 22:07
<a href="https://laohu8.com/S/AULGF">AngloGold Ashanti</a> buys 5% stake in <a href="https://laohu8.com/S/THSGF">Thesis Gold</a> & Silver for C$38.7M

Thesis Gold and Silver Inc. closed a C$44 million private placement in which AngloGold Ashanti plc acquired 13,858,883 common shares at C$2.79 per share for gross proceeds of C$38,666,284, representing 5.0% of Thesis’s issued and outstanding shares. Centerra Gold Inc. also participated to maintain its pro rata stake, subscribing for 2,059,730 common shares at C$2.79 per share for gross proceeds of C$5,746,647, leaving it with 9.9% ownership. Thesis and AngloGold Ashanti also entered into an investor rights agreement granting AngloGold Ashanti participation and certain technical committee appointment rights, subject to conditions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Thesis Gold Inc. published the original content used to generate this news brief on February 26, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment