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Grand Gulf increases stake Valence Resources to 55%

Updated: Dec 16, 2021

Grand Gulf (GGE) entered into an agreement with Valence Resources to acquire an additional 30% stake in the joint venture to increase its interest in Valence to 55%. At the same time, GGE also holds the option to acquire 85% of Valence’s issued share capital by drilling three wells costing US$1.5 mm each.

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