# Avesoro Resources to acquire gold exploration companies for £52.7m

Avesoro Resources reached an agreement with Avesoro Jersey to acquire five gold exploration companies (AAA Exploration Burkina, Cayman Burkina Mines, Jersey Netiana Mining, MNG Gold Burkina, MNG Gold Exploration) for £52.7 million ($69.5 million).

- Type: Acquisition
- Announced: 2017-11-03
- Value: $69.5M (52.7M GBP)
- Status: announced
- Products: gold exploration
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Avesoro Resources](https://endata.com/companies/27842.md) (acquirer)
- [Avesoro Jersey](https://endata.com/companies/27843.md) (target)
- [AAA Exploration Burkina](https://endata.com/companies/27844.md) (target)
- [Cayman Burkina Mines](https://endata.com/companies/27845.md) (target)
- [Jersey Netiana Mining](https://endata.com/companies/27846.md) (target)
- [MNG Gold Burkina](https://endata.com/companies/27847.md) (target)
- [MNG Gold Exploration](https://endata.com/companies/27848.md) (target)

## Sources

- [mining-technology.com](https://www.mining-technology.com/news/mas-emeco-holdings-avesoro-resources/), 2017-11-03: "The acquisition is valued at £52.7m."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.