Brief: AngloGold Ashanti To Sell Greenfields Exploration Tenements In Colombia

Royal Road Minerals

05/03/2019 12:25

March 5 (Reuters) - AngloGold Ashanti Ltd  ANGJ.J :
    * SALE OF GREENFIELDS EXPLORATION TENEMENTS IN COLOMBIA
    * ANGLOGOLD ASHANTI WILL RECEIVE A CASH PAYMENT OF
APPROXIMATELY
US$4.6 MILLION
    * FURTHER PAYMENTS WILL BE MADE TO ANGLOGOLD ASHANTI IN
EVENT OF
CERTAIN MILESTONES BEING ACHIEVED BY ROYAL ROAD MINERALS
    * AGREEMENT WITH ROYAL ROAD MINERALS LIMITED FOR SALE OF ITS
INTERESTS IN NORTHERN COLOMBIA HOLDINGS LIMITED
    * FURTHER PAYMENTS INCLUDE US$20 MILLION IN FIRST YEAR
FOLLOWING
COMMENCEMENT OF COMMERCIAL PRODUCTION FOR ANY SPECIFIC PROJECT

Source text for Eikon:  ID:nJseE0052a 
Further company coverage:  ANGJ.J 

 ((Reuters.Briefs@thomsonreuters.com;))