LionGold delays Aussie deal to Sept 30

LIONGOLD Corp has delayed a planned acquisition of Australian gold mining and exploration assets for a second time, with the new deadline pushed to the close of Sept 30.

No reason was given for the latest delay or the previous one.

The gold mining company on June 30 announced that its Australian subsidiary, LionGold Australia, had inked a non-binding heads of agreement to buy a pre-development project and an early exploration project in New South Wales.