Allied Gold partners with UAE investment fund to develop Mali mine
TSX- and OTCQX-listed Allied Gold Corporation has announced a strategic partnership with United Arab Emirates- (UAE-) based investment fund Ambrosia Investment Holding to help realise immediate value from its Sadiola gold mine, in Mali, and bolster the company’s financial strength. The partnership, which was announced on February 25, will leverage the regional, national, and continental understanding and influence of Ambrosia, through the UAE in Africa, which will build on Allied's similar competencies, along with Allied's technical and operational expertise, strong public markets knowledge, financial capacity, and strategic capital allocation capabilities to accelerate the company's growth initiatives, optimise operations, pursue strategic options, and enhance shareholder value.
TSX- and OTCQX-listed Allied Gold Corporation has announced a strategic partnership with United Arab Emirates- (UAE-) based investment fund Ambrosia Investment Holding to help realise immediate value from its Sadiola gold mine, in Mali, and bolster the company’s financial strength. The partnership, which was announced on February 25, will leverage the regional, national, and continental understanding and influence of Ambrosia, through the UAE in Africa, which will build on Allied's similar competencies, along with Allied's technical and operational expertise, strong public markets knowledge, financial capacity, and strategic capital allocation capabilities to accelerate the company's growth initiatives, optimise operations, pursue strategic options, and enhance shareholder value.
