Avidian Gold Closes Sale Of Alaskan Subsidiary To Contango Ore
TORONTO, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Avidian Gold Corp. (“Avidian” or the “Company”) (TSX-V: AVG) is pleased to announce, further to its press release of May 2, 2024, that it has closed the sale of its 100% owned Alaskan subsidiary, Avidian Gold Alaska Inc. (“Avidian Alaska”) to Contango ORE, Inc. (“Contango”) (NYSE-A: CTGO) for initial consideration of US$2.4 million (CDN$3.3 million) (the “Initial Consideration”), plus potential future upside consideration of US$1.0 million, for total co