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FSM Buys 15% of Awale Resources to Boost Cote d'Ivoire Exploration
FSMFortuna(FSM) ZACKS·2025-06-13 01:21

Key Takeaways Fortuna Mining acquires 15% of Awale Resources via a 6Mprivateplacementat6M private placement at 0.399 per share. The move aligns with Fortuna Mining's strategy to expand its exploration pipeline in Cote d'Ivoire. Awale's 100%-owned Odienne Project offers strategic value for FSM's regional growth plans.Fortuna Mining Corp. (FSM) announced that it acquired 15,037,593 common shares of Awalé Resources Limited, gaining a 15% stake in the latter. This move aligns with Fortuna Mining’s long-term growth strategy of ...