Resolute doubles down in DRC

RESOLUTE Mining has doubled down on a potential future in the Democratic Republic of Congo after buying a 27% stake in TSX-listed Loncor Resources, holder of substantial ground positions in Orientale and North Kivu provinces.

Resolute doubles down in DRC Resolute doubles down in DRC Resolute doubles down in DRC Resolute doubles down in DRC Resolute doubles down in DRC

Resolute is looking to add to a future above and beyond its flagship Syama operation.

Via an unconventional deal that involves a C$2.6 million investment in new Loncor shares plus a ‘share swap' of $2.

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