PROJECT FINANCE

Centerra acquires 9.9% in Azimut Exploration

Explorer has significant properties in Quebec

Azimut's flagship projects are in the James Bay region in Quebec, Canada

Azimut's flagship projects are in the James Bay region in Quebec, Canada | Credits: NASA

Centerra Gold has acquired a 9.9% stake in Azimut Exploration through a non-brokered private placement of 9,430,000 shares at a price of C$0.60 per share, for a total of C$5.7 million. Azimut will use...

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