Golden Ridge Resources Updates Agreement to Acquire Majority Stake in Brazilian Mining Producer MM Group Ltda

Reuters

2025/05/31

<a href="https://laohu8.com/S/GORIF">Golden Ridge Resources</a> Updates Agreement to Acquire Majority Stake in Brazilian Mining Producer MM Group Ltda

Golden Ridge Resources Ltd. has announced an amendment to its agreement to acquire a majority interest in Brazilian mining producer MM Group Ltda. The amendment, dated May 15, 2025, extends the deadline for completing the transaction to June 16, 2025. As per the updated agreement, Golden Ridge will acquire 80% of MMG's issued and outstanding membership interests in exchange for 500,000,000 common shares of Golden Ridge. The transaction is still subject to standard conditions, including shareholder and regulatory approvals.

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. Golden Ridge Resources Ltd. published the original content used to generate this news brief via TheNewswire (Ref. ID: 1k49F6Np5) on May 30, 2025, and is solely responsible for the information contained therein.

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The amendment, dated May 15, 2025, extends the deadline for completing the transaction to June 16, 2025. As per the updated agreement, Golden Ridge will acquire 80% of MMG's issued and outstanding membership interests in exchange for 500,000,000 common shares of Golden Ridge. The transaction is still subject to standard conditions, including shareholder and regulatory approvals.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. Golden Ridge Resources Ltd. published the original content used to generate this news brief via TheNewswire (Ref. ID: 1k49F6Np5) on May 30, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1594","symbol_name":"碳中和概念股","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nNDL5CCFdb:1","article_id":"2539205615","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539205615","pubTimestamp":1748644559,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Golden Ridge Resources Ltd. has announced an amendment to its agreement to acquire a majority interest in Brazilian mining producer MM Group Ltda. 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