Mining & Metals
Toubani Resources to Acquire 44.5 Million Avanti Gold Shares
Toubani Resources (ASX: TRE) entered into a series of concurrent share purchase agreements with certain shareholders of Avanti Gold (AGC.CN) to buy about 44.5-million of its common shares at C$0.65 apiece, the company said in a statement on Tuesday.Closing of the transactions are expected on a date designated by Toubani, and in any event no later than July 20, 2026. The company said it is acquiring Avanti Gold's common shares for investment purposes.
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