AngloGold Ashanti Invests C$38.7M for 5% Stake in Thesis Gold

Reuters
Feb 19
<a href="https://laohu8.com/S/AULGF">AngloGold Ashanti</a> Invests C$38.7M for 5% Stake in <a href="https://laohu8.com/S/THSGF">Thesis Gold</a>

Thesis Gold Inc. entered into a subscription agreement under which AngloGold Ashanti Plc will acquire a 5% equity stake via a private placement of 13,858,883 common shares at C$2.79 per share for gross proceeds of about C$38.7 million. Centerra Gold Inc. will also participate to maintain its pro rata ownership, subscribing for 2,059,730 common shares at C$2.79 per share for gross proceeds of about C$5.7 million, resulting in a 9.9% ownership interest at closing. Total gross proceeds are expected to be approximately C$44.4 million, with closing anticipated on or around Feb. 26, 2026, subject to customary conditions including TSX Venture Exchange approval, and the shares will be subject to a four-month-and-one-day hold period.

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