Emerald Resources NL (AU:EMR) has released an update.
Emerald Resources NL has solidified its control over Bullseye Mining Limited, reaching 99.55% ownership and initiating compulsory acquisition of the remaining shares. The company, with a market cap of approximately A$2.1 billion and A$112.5 million in cash, has forecasted over 100,000 ounces of gold production in 2024. The firm also highlights its commitment to carbon-neutral operations in Cambodia and significant exploration potential in both Cambodia and Australia.
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