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Perseus Mining Acquires 9.9% Relevant Interest In Aurum Resources

M&A & RestructuringCommodities & Raw MaterialsCompany FundamentalsEmerging MarketsInvestor Sentiment & Positioning

Perseus Mining acquired a 9.9% relevant interest in Aurum Resources through participation in Aurum's announced equity raising. Aurum's principal asset is the Boundiali Gold Project in northern Côte d'Ivoire. Tickers referenced: Perseus (PRU.AX, PRU.TO) and Aurum (UAE.AX). No financial terms or changes to operations were disclosed.

Analysis

Perseus Mining acquired a 9.9% relevant interest in Aurum Resources through participation in Aurum's announced equity raising. Aurum's principal asset is the Boundiali Gold Project in northern Côte d'Ivoire. Tickers referenced: Perseus (PRU.AX, PRU.TO) and Aurum (UAE.AX). No financial terms or changes to operations were disclosed.

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