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Hummingbird Resources sold to Nioko Resources in $17.5m cash deal

Staff Writer | December 16, 2024 | 11:21 am Markets News Africa Europe Gold 

Debt-ridden Hummingbird Resources (AIM: HUM) announced on Monday that an agreement has been struck for Nioko Resources, a wholly owned subsidiary of creditor CIG, to acquire the company in an all-cash deal worth approximately £13.8 million ($17.5 million). Under the...

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