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Zijin Gold to invest about US$295 million in Allied Gold for 9.2% stake
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Zijin Gold to invest about US$295 million in Allied Gold for 9.2% stake
  • Zijin Gold agreed to invest about USD 295 million via a non-brokered private placement of about 12,800,000 common shares.
  • Subscription price set at CAD 32.55 per share, pegged to the 30-day TSX VWAP through July 27.
  • Stake expected to rise to about 9.2% on closing; completion targeted on or about Aug. 10, subject to TSX and NYSE clearance.
  • Deal signed alongside termination of the prior arrangement agreement between the two companies.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Allied Gold Corporation published the original content used to generate this news brief on July 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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