On 30 October 2019, Stellar AfricaGold announced the closing of the sale of Balandougou Gold Mine with the assistance of ABM team.
Stellar’s President John Cumming said that the African Bureau of Mining Consultants was instrumental in the transaction, adding « throughout the process of due diligence and necessary deal adjustment negotiations they provided critically important and wide-ranging transaction facilitation services including assistance structuring and amending the transaction, inter-jurisdictional legal coordination, project due diligence technical consulting, and cross-cultural advice. With the parties coming from two different countries on two continents having very different cultures and business norms and the project in a third country, support and facilitation services were massively important and it is fair to say that the transaction could not have been successfully completed without this assistance. »
For more details : https://www.marketscreener.com/STELLAR-AFRICAGOLD-INC-49478298/news/Stellar-AfricaGold-Closes-Balandougou-Gold-Project-for-US-3-895-000-29483139/