The Board of Directors of Azumah Resources Ghana Ltd has issued a disclaimer distancing themselves and the company from Mr. Bright Simons’ public commentaries in the ongoing issues between them and Engineers & Planners on the Black Volta Gold Project.
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The company says, “While we acknowledge Mr. Simons’ constitutional right to express personal views on matters of public concern,” they wish to categorically state that “Mr. Bright Simons does not represent, act on behalf of, or speak for the Shareholders or Directors of Azumah Resources Ghana in any capacity.”
Azumah Resources insists that “His [Bright Simons] public commentary constitutes his personal opinion and should not be construed, implied, or interpreted as reflective of the official position, intentions, or legal standing of Azumah Resources or its Shareholders.”
“Azumah Resources is currently engaged in confidential, good-faith negotiations with Engineer & Planners (E&P), with the shared objective of achieving a constructive and mutually acceptable resolution to the present impasse. These discussions are being conducted within the framework of applicable laws, commercial norms, and in consultation with the appropriate regulatory and ministerial bodies,” The company said.
The company used the opportunity to touch on the involvement of the ECOWAS Bank on the matter:
“We further wish to express our regret to the ECOWAS Bank for Investment and Development (EBID) over the unwarranted and inaccurate inclusion of the Bank’s name in public discourse surrounding this matter.
For the avoidance of doubt, representatives of Azumah Resources and E&P visited EBID’s offices in Lomé, Togo, in 2023 to assess the Bank’s capacity and willingness to support the transaction. EBID expressed indicative interest, contingent on its internal credit appraisal and Board approval. Any extrapolations beyond this context are both inappropriate and unauthorized.” – Azumah Resources said
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“Azumah Resources reaffirms its unwavering commitment to a professional, transparent, and responsible resolution of this matter and remains fully aligned with the broader interest of the Republic of Ghana and all stakeholders involved,” – the statement added
The full Story of the Acquisition of The Black Volta Gold Project
