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Afrasia sells Goliath Gold stake

5th February 2015

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

  

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JOHANNESBURG (miningweekly.com) – Mauritian-registered collective investment scheme Afrasia Special Opportunties Fund has disposed of its entire beneficial interest in the securities of JSE-listed Goliath Gold, the gold exploration company reported on Thursday.

Afrasia sold its 9.9% interest to information and communications technology infrastructure products, services and solutions supplier Convergenet Holdings, which now holds 14.95% of Goliath’s total number of sercurities in issue.

South Africa-focused Goliath has a number of exploration projects in Gauteng, with an established mineral gold resource base of over 12-million ounces.

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Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

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