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Trans-Siberian goes the Highland way

Russian businessman Vladislav Sviblov looks set to grow his presence in Russia’s Far East gold mining sector with the acquisition of AIM-listed junior Trans-Siberian Gold (TSG). The proposed deal follows Sviblov’s acquisition of Highland Gold in July 2020.

Tom Hoskyns
Trans-Siberian Gold's Asacha gold mine is located on the Kamchatka peninsula in Russia, 150km to the south of the port of Petropavlovsk

Trans-Siberian Gold's Asacha gold mine is located on the Kamchatka peninsula in Russia, 150km to the south of the port of Petropavlovsk

Horvik Limited - a Cyprus-based company owned by Sviblov - has agreed to acquire 51.2% of TSG shares from the company's major shareholders for 118p - an 18% premium on yesterday's closing price, valuing...

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