Tembo gold announces completion of sale of non-core licences to barrick gold and strategic equity investment

Vancouver, british columbia--(newsfile corp. - april 22, 2022) - tembo gold corp. (tsxv: tem) ("tembo" or the "company") is pleased to announce that it has completed its previously announced sale of certain non-core prospecting licenses in tanzania (the "licenses") with barrick gold corporation ("barrick") and bulyanhulu gold mine limited ("buly"), a subsidiary of barrick (the "transaction"), in consideration for: (i) us$6,000,000; (ii) contingent payments to be based on the inferred, indicated and measured gold mineral...
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