Australia's Antilles Gold sinks on suspending Cuban JV participation after US sanctions

Antilles Gold

18/06/2026 04:45

** Shares of Antilles Gold AAU.AX fall 36.4% to A$0.007, their lowest level since mid-September
** Says co and units to comply with U.S. Department of the Treasury’s Office of Foreign Assets Control sanctions on Cuban JV 
** Unit suspends direct participation in JV but retains 50% shareholding; initiates discussions with the U.S. Department of State
** About 39.5 mln shares traded so far, nearly 10x the 30-day average
** Stock down 30% YTD, including moves in current session

(Reporting by Jasmeen Ara Shaikh in Bengaluru)
((Jasmeenaraislam.Shaikh@thomsonreuters.com;))