Aim-listed gold and nickel exploration and development company Katoro Gold has completed the disposal of the Imweru gold project to Lake Victoria Gold (LVG) for $1-million and a 1.5% net smelter royalty on all future gold production.
The transaction for Imweru, which is held by its 100% Tanzanian registered subsidiary, Reef Miners, has been approved by the Mining Commission in Tanzania with a Consent Certificate issued by the commission’s executive secretary.
