Ascot Resources announced Ccori Apu’s C$50 million strategic investment for 19.9% of the pro forma ownership. This strategic investment of C$50 million alongside a gold and silver streaming deal of US$100 million provided Ascot with the necessary funds to complete construction at the past producing Premier Gold Project in British Columbia, Canada.
About Ascot Resources
Ascot is a Canadian junior exploration and development company focused on re-starting the past producing Premier gold mine, located on Nisga’a Nation Treaty Lands, in British Columbia’s prolific Golden Triangle. Ascot shares trade on the TSX under the ticker AOT.
About Ccori Apu
Ccori Apu’s shareholders are the majority shareholders of Compañía Minera Poderosa S.A., a publicly traded gold mining company listed on the Lima Stock Exchange. Poderosa operates one of the largest gold mines in Peru.
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