Gold One to wait longer for Ezulwini

[miningmx.com] — GOLD One International’s acquisition of First Uranium’s Ezulwini would take a month longer than initially planned and is now due to be finalised by July 31.

The date was originally inked in for June 29.

In an announcement released on Friday, Gold One said all the conditions precedent to the transaction have been met, bar the sale of First Uranium’s other key asset, Mine Waste Solutions, to AngloGold Ashanti.

“In order to provide sufficient time for the AngloGold Ashanti transaction to be implemented, which is expected to occur on or before July 24 2012, Gold One and First Uranium have agreed to extend the date.[of] the Gold One Transaction to July 31, 2012,’ read the statement.