First AU Ltd. (AU:FAU) has released an update.
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First Au Limited reports a productive quarter with the acquisition of the King Cassilis Mine Exploration License and plans to recommence exploration in spring, amid management shifts following the resignation of CEO and MD Ryan Skeen. The company also terminated the Ghana Lithium Project acquisition due to its high capital requirements, signaling a strategic refocus on its core projects, including the potential monetization of the Gimlet Gold project in WA.
For further insights into AU:FAU stock, check out TipRanks’ Stock Analysis page.