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Stock impact report

GALIANO GOLD REPORTS Q1 OPERATING AND FINANCIAL RESULTS [Yahoo! Finance]

Gold Fields Limited American Depositary Shares (GFI) 
US:NYSE Investor Relations: goldfields.com/investors.php
Company Research Source: Yahoo! Finance
quarter ("Q1") 2024 operating and financial results for the Company. Galiano owns a 90% interest in the Asanko Gold Mine ("AGM") located on the Asankrangwa Gold Belt in the Republic of Ghana West Africa All financial information contained in this news release is unaudited and reported in United States dollars. Acquisition of Gold Fields Limited's 45% interest in the AGM On March 4, 2024 , the Company completed the previously announced acquisition of Gold Fields Limited's 45% interest in the AGM joint venture (the "Acquisition"). The strategic rationale of the Acquisition is to consolidate ownership of the AGM, one of the largest gold mines in West Africa , and establish Galiano as a growing gold producer with robust financial strength. Following the Acquisition, the Company owns a 90% interest in the AGM with the Government of Ghana continuing to hold a 10% free-carried interest (non-controlling interest). The Company began consolidating the operating results, cash flows and n Show less Read more
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