Altus to sell two Mali projects to Desert Gold Ventures

Aim- and TSX-V-listed Altus Strategies plans to sell its contiguous Sebessounkoto Sud and Djelimangara gold projects, in western Mali, to fellow TSX-V-listed company Desert Gold Ventures. The parties have signed a nonbinding term sheet in this regard and the transaction is subject to 30 days due diligence, as well as other conditions precedent.