Announced

Kopy Goldfields to acquire Amur Gold for £97m.

Synopsis

Kopy Goldfields agreed to acquire 100% of the shares of Amur Gold Company, a mid-sized gold producing company based in Russia, through a reverse takeover, with HC Alliance Mining Group and Lexor Group. Kopy Goldfields and Amur Zoloto believe that the Transaction represents a unique opportunity for shareholders of Kopy Goldfields and Amur Zoloto to benefit from the significant value accretion arising from their combined asset and project portfolios.

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