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Amani cements investment from Luck Winner

ASX-listed Amani Gold has revealed details of a A$25-million investment from Hong Kong-based Luck Winner Investment, after the two parties inked a binding subscription agreement.

Under the Stage 1 investment, Luck Winner will invest A$15-million in Amani by subscribing for 300-million shares in the company at a price of 5c each. The share placement will be made under the company’s placement capacity and will settle within two business days of the agreement.