Avesoro Resources Inc. holds its interests in the New Liberty Gold Mine through its subsidiary Bea Mountain Mining Corporation (“Bea”). Avesoro Resources is a subsidiary of Avesoro Holdings Ltd.
According to 'An Act to Ratify the First Amendment to the Restated and Amended Mineral Development Agreement by and Between the Government of Liberia and Bea Mountain Mining Corporation', approved on September 14, 2023, the Government of Liberia shall receive, free of charge, an equity interest in the company's operations equal to five percent (5%) of its authorized, issued, and outstanding share capital at any given time, without dilution.

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