M&A

Castle pulling up drawbridge on Ghana

MICROCAP Castle Minerals has more or less confirmed its exit from Ghana by farming out its ground to a private local company that could spend US$11.7 million over five years for an 80% interest.

Once upon a time Castle was active on the ground in Ghana

Once upon a time Castle was active on the ground in Ghana

Assuming the deal goes ahead as planned Castle, will receive $30,000 in cash, with $15,000 already paid. The Ghana-based company called Iguana Resources can initially earn a 51% stake by spending $4.72...

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