Turaco Gold raises A$35m to accelerate Afema project development

Turaco Gold raises A$35m to accelerate Afema project development

Turaco Gold Limited, trading on the ASX under the ticker TCG, has successfully raised AUD $35 million through an equity placement at 31 cents per share. This capital injection, aimed at accelerating growth at its Afema Project in Côte d’Ivoire, has drawn substantial interest, with the placement significantly oversubscribed by both existing and new institutional […]

Turaco Gold secures option to acquire 70% stake in Afema Gold Project

Turaco Gold secures option to acquire 70% stake in Afema Gold Project

Turaco Gold Limited (ASX: TCG) has announced its acquisition of a 51% interest in the Afema Gold Project, marking a significant development in its expansion strategies. The acquisition, made from Endeavour Mining, comes with concurrent agreements involving Sodim Ltd, granting Turaco the right to increase its stake to 70% post-feasibility study completion. These agreements hinge […]