Undisclosed suitor makes play for Village Main

摘要

JSE-LISTED Village Main Reef was mulling its options after undisclosed third parties expressed interest in buying all or part of the gold producer. Village appointed specialist resources corporate finance boutique Qinisele Resources to explore "strategic alternatives", which included the possible sale, to "unlock value" for shareholders. Qinisele would also be tasked with formalising the process should Village decide to enter any negotiations. Village CEO Ferdi Dippenaar previously indicated the potential disposal of the Lesego platinum project, in Limpopo, and the possible acquisition of value-enhancing assets as the company further restructured its asset portfolio.