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Announced

Ambrosia Investment completed a 375m investment in Allied Gold.

Synopsis

Ambrosia Investment, an investment firm, completed a $375m investment in Allied Gold, a gold mining company. "We are delighted with the formation of this strategic alliance and to partner with such influential persons who have a similar understanding and appreciation of Sadiola and the Republic of Mali. Our approach is to establish rapport and build relationships in the countries in which we operate. Our new partners are similarly minded and have experiences in the country that complement ours," Peter Marrone, Allied Gold Chairman and CEO.

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