Brief: Antilles Gold Says Binding MoU Signed To Initiate Possible Lifting Us Sanction
27/08/2026 02:25
BRIEF-Antilles Gold Says Binding MoU Signed To Initiate Possible Lifting Us Sanction Aug 27 (Reuters) - Antilles Gold Ltd AAU.AX:
BINDING MOU SIGNED TO INITIATE POSSIBLE LIFTING US SANCTION
GEM TO FORM U.S. SUBSIDIARY FOR 25% AGI STAKE, TARGETING 51% U.S. OWNERSHIP
GEM IS EXPECTED TO BECOME A 25% SHAREHOLDER IN ANTILLES GOLD INC
GEM WILL ASSIST IN MAKING REPRESENTATIONS AND COMMITMENTS TO U.S. DEPARTMENT OF STATE
75% AGI STAKE VALUED AT ABOUT A$75 MILLION
Further company coverage: AAU.AX
((Reuters.Briefs@thomsonreuters.com;))
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