Armadale to sell noncore Mpokoto project

Aim-listed Armadale Capital has entered into a heads of agreement (HoA) with Weghsteen Capital Advice (WCA) for the sale of Armadale’s interest in the Mpokoto gold project, in the Democratic Republic of Congo, to Radismore, for $562 500 and a 1.5% royalty on gold produced.  WCA is acting on behalf of Radismore, which is fully funded and committed to starting gold production at Mpokoto within two years.