TSX-V- and Aim-listed Altus Strategies has signed a definitive joint venture (JV) with Glomin Services for the Lakanfla and Tabakorole gold projects in Mali.
The terms of the JV include that Altus will receive up to $1.4-million in milestone cash payments. Altus will retain some equity and a 2.5% net smelter return royalty on the projects.