Australian Gold & Copper looks forward to closing “transformational” Delin deal
Melbourne, Victoria | December 04, 2023 01:30 PM Eastern Standard Time
Australian Gold and Copper Ltd (ASX:AGC) MD Glen Diemar speaks with Proactive soon after announcing the “transformational” investment by Hong Kong-based Delin Mining Group Corporation Limited has gone unconditional with all conditions now satisfied or waived and shareholder approval granted. Both parties have now confirmed that the Share Subscription Agreement entered into on September 20, 2023, is now unconditional with completion slated to occur on Thursday, December 21, 2023.
AGC chairman David Richardson said: “We are pleased that the subscription agreement is now unconditional and look forward to closing this transformational strategic investment and welcoming Delin as a new major shareholder.”
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