Deal #5699

Agbaou Gold mine

The Agbaou exploitation permit was granted to Etruscan Resources Cote d’Ivoire SARL (“ERCI”) by Decree no. 2012-766 on August 1, 2012. Between 2009 and 2010 Endeavour purchased Etruscan and Etruscan’s name was changed to Endeavour Resources Inc. A transfer was then granted to the newly formed Agbaou Gold Operations SA (“AGO”), which was held 85% by Endeavour Resources Inc. (Cayman) and 15% by the Ivorian Government (10% directly and directly and 5% through Société pour le Dévelopment Minier de la Côte d’Ivoire (“SODEMI”), the national mining agency). Endeavour sold its stake in the Agbaou mine to Allied Gold Corp in 2021.