PEARL GOLD AG: Settlement reached between Faboula Gold S.A. and the State of Mali
Berlin (pta018/29.07.2025/10:25 UTC+2)
Pearl Gold AG, which holds a 25 percent stake in Faboula Gold S.A., announces that Faboula Gold S.A. and the State of Mali have entered into a settlement agreement on 28 July 2025. This agreement constitutes a binding arrangement regarding the ten-year extension of Faboula Gold S.A.'s mining license. Furthermore, the agreement includes investment and recapitalisation commitments as well as a payment of two billion CFA francs by Faboula Gold S.A. to the State of Mali.
Pearl Gold AG is not a party to the agreement, assumes no payment obligations and is affected solely in its capacity as a shareholder.
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| Emitter: |
PEARL GOLD AG c/o Malmendier Legal, Kurfürstendamm 213 10719 Berlin Germany |
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|---|---|---|
| Contact Person: | Gregor Hubler | |
| Phone: | +49 30 59 00 30 436 | |
| E-Mail: | info@pearlgoldag.com | |
| Website: | www.pearlgoldag.com | |
| ISIN(s): | DE000A0AFGF3 (Share) | |
| Stock Exchange(s): | Regulated Market in Frankfurt; Free Market in Berlin, Stuttgart |