Lingbao Gold Group Acquires Majority Stake in Target Company
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Lingbao Gold Group Company Ltd. has announced the acquisition of a majority stake in St Barbara Mining Pty Ltd, involving the subscription of 50% plus one share of equity interest. The transaction's value is based on a valuation of the Simberi gold mine project, following due diligence by an independent firm. Completion is subject to conditions under the Equity Placing Agreement. This news was generated by Public Technologies and is for informational purposes only.
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