www.gold1.co.za/index.php
Gold One International (ASX: GDO, JSE: GDO) flagship operation is the Modder East mine, also owns the nearby existing Sub Nigel mine. The company's assets include a pipeline of Southern African projects comprising 21.71 million ounces.
Gold One is currently under a A$0.55 cash offer for a minimum 60% stake from a Chinese consortium.
Gold One International substantial shareholder Deutsche Bank Group bolsters shareholding
Gold One International's (ASX: GDO) substantial shareholder Deutsche Bank Group has bumped up its shareholding in the company to 8.53% from 7.5%.
Deutsche Bank Group has increased the number of shares it holds by 8,391,757 to 69,032,572.
Gold One is steadily moving towards the completion of a transaction that has potential to transform the South African focused gold producer.
A consortium of Chinese investors has received approval to proceed with a transaction to become the major shareholder and long term strategic partner of Gold One.
The deal includes a cash offer of A$0.55 per Gold One share and a minimum A$150 million capital injection into Gold One to secure a 60% to 75% stake.


















