\nContango Acquires The Garalo Gold Project in Mali and Raises \xa31.8 million at 5p per Share
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\n\n\n\nCarl Esprey, Executive Director of Contango Holdings, said:
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\n\n\n"I am delighted to confirm the acquisition of Garalo for just US$1M. It is a deposit both myself and our newly appointed in-country mine manager have known for some time and I am confident it is an ideal fit within the Contango portfolio, which is focused on low capex, high margin, near term production assets.
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