Galiano Gold (“GAU”) has announced that the company has entered into an agreement with its JV partner, Gold Fields (“GFI”), at the Asanko Gold Mine (“AGM”) in Ghana through which it will acquire GFI’s interest in AGM. Following the transaction, GAU will hold a 90% interest in the mine with the balance held by the government of Ghana. We view this as a strongly value accretive transaction for GAU that will allow it to consolidate its ownership of AGM that should produce an average of 240koz/year ....
