Home Mauritania Aya Gold & Silver Inc. announces spin-off and creation of growth-oriented gold company – The North Africa Post

Aya Gold & Silver Inc. announces spin-off and creation of growth-oriented gold company – The North Africa Post

by Press Room


Aya Gold & Silver announced a preliminary agreement to sell its Tijirit mine in Mauritania to Mx2 Mining, a new company focused on developing gold projects in North Africa. As part of the deal, Aya will invest approximately CAD 7.5 million in Mx2, making it the majority shareholder and securing two seats on the Board of Directors.

The sale includes an “exclusive project acquisition option” clause, covering minimum charge requirements for…



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