Galiano Gold (GAU) announced that the Ministry of Lands and Natural Resources of the Republic of Ghana has formally notified the company that it has no objection to the company becoming the controller of Asanko Gold Ghana, pursuant to the company’s acquisition of the Gold Fields (GFI) group’s 45% interest in the Asanko Gold Mine announced on December 21, 2023. The no objection letter was issued by the Ministry in accordance with Section 52 of the Minerals and Mining Act, 2006 and on the advice and recommendation of the Minerals Commission. No further regulatory approvals are required in order for the company and Gold Fields to close the Acquisition and the Company expects to close the Acquisition in Q1 as previously disclosed.
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