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Antilles Gold Limited (ASX:AAU)

ALERT: Price-sensitive ASX Announcement for AAU
Current share price for AAU : $0.010 0.001 (5.26%)+
Announcement
Release
24 Dec 2025 9:16AM
Price at Release
$0.010
Full Release
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Summary
Antilles Gold Limited announced that it has received an interim distribution of approximately A$3.25 million from the voluntary liquidation of its former subsidiary, EnviroGold (Las Lagunas) Limited. This funding will be directed towards a 20-month interest-bearing secured loan of US$5.0 million to support the construction of the Nueva Sabana copper-gold mine in central Cuba, operated by Minera La Victoria SA, a joint venture with the Cuban Government's mining company, GeoMinera SA. Antilles Gold is actively involved in developing various mineral deposits in Cuba, aiming to produce gold, silver, antimony, and copper concentrates.
Key Points
  • Antilles Gold Limited received an interim distribution of approximately A$3.25 million from the voluntary liquidation of its former subsidiary, EnviroGold (Las Lagunas) Limited.
  • The funds will be used as part of a 20-month interest-bearing secured loan of US$5.0 million to the joint venture mining company, Minera La Victoria SA.
  • The money will support the construction of the Nueva Sabana copper-gold mine in central Cuba.
  • Antilles Gold has a joint venture with the Cuban Government's mining company, GeoMinera SA.
  • Antilles Gold is involved in the development of mineral deposits in Cuba to produce gold, silver, antimony, and copper concentrates.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.