Inflection issues 11.13 million shares to AngloGold
2025-04-01 18:32 ET – News Release
Mr. Alistair Waddell reports
INFLECTION RESOURCES COMPLETES SHARE ISSUANCE TO ANGLOGOLD ASHANTI
Inflection Resources Ltd. has issued 11,133,399 common shares in the capital of the company to AngloGold Ashanti Holdings PLC as consideration for the completion of $10-million (Australian) in phase I expenditures on the company’s New South Wales properties in Australia, pursuant to the exploration earn-in agreement with an affiliate of AngloGold Ashanti announced on June 14, 2023.
Subsequent to the share issuance, AngloGold Ashanti holds a 9.9-per-cent equity interest in the company. The company currently has 112,458,569 common shares issued and outstanding (119,283,569 common shares on a fully diluted basis).
https://inflectionresources.com/
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