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AngloGold Ashanti plc ("AGA"or the"Company") is pleased to announce that it intends, subject to execution of definitive documentation and satisfaction of customary conditions, to subscribe (the "Subscription") for 24,500,000 common shares (the "Shares") in G2 Goldfields Inc. ("G2") at C$0.90 per share for total consideration of C$22,050,000.
Following completion of the Subscription, AGA will own approximately 11.7% of G2's issued and outstanding Shares.
Posted In: AU