Stocks in play: Endeavour Mining plc
And Lilium Gold have signed a settlement agreement, involving the State of Burkina Faso, in respect of the divestment of the Boungou and Wahgnion mines. Pursuant to the Agreement, Lilium will transfer the ownership of the Boungou and Wahgnion mines to the State and Endeavour will receive: A cash consideration of $60 million comprised of: $15 million upfront cash payment; $15 million payable by the end of Q3-2024; $30 million payable by the end of Q4-2024. Endeavour Mining plc shares T.EDV are trading down $0.32 at $28.94.
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