TSX-V- and Aim-listed Altus Strategies has signed a nonbinding term sheet with TSX-V-listed Stellar Africa Gold for the sale of its Prikro and Zenoula gold project, in Côte d’Ivoire.
Altus will receive an initial payment of 2.5-million Stellar shares, with a market value of about C$87 500, and 2.5-million share purchase warrants.