Update on the sale of Nueva Esperanza
Filed with ASX · · 1 page · English
Kingsgate Consolidated Limited (ASX:KCN) can advise that it has agreed to an updated proposal from TDG Gold Corp (TSXV:TDG) requesting an extension to 31 January 2022 to complete their financing. In consideration, TDG has agreed to the following: • To increase the non-refundable deposit by C$1,000,000 to C$1,500,000; th • An initial payment of C$500,000 will be made by the 5 November 2021, with th
Kingsgate Consolidated Limited on 6ix
Story so far
Earlier from Kingsgate Consolidated
- Updated Chatree Gold Mine set to Re-open
- Chatree Gold Mine set to Re-open
- Binding Agreement signed for the sale of Nueva Esperanza
- LOI signed for A$69 million sale of Nueva Esperanza
- Updated Appendix 5B
Later from Kingsgate Consolidated
- KCN and TDG Execute amended Sale Agreement
- KCN receives C$1 million payment from TDG
- Licences now approved for Chatree Gold Mine Re-start
- Funding underway for the restart of the Chatree Gold Mine
- Funding secured for the Chatree Gold Mine
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