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.
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