Azimut arranges strategic investment by centerra gold

Longueuil, quÉbec, april 28, 2025 (globe newswire) -- azimut exploration inc. (“azimut” or the “company”) (tsxv: azm) (otcqx: azmtf) is pleased to announce that it has entered into a subscription agreement with centerra gold inc. (“centerra”) (tsx: cg) (nyse: cgau) for a non-brokered private placement of 9,430,000 common shares of the company at a price of $0.60 per share for gross proceeds of $5,658,000 (the “offering”). centerra will become a strategic investor in the company, acquiring approximately 9.9% of the issued and outstanding common shares following completion of the offering.
CGAU Ratings Summary
CGAU Quant Ranking