RioZim, Falgold tussle in court

RIOGOLD has dragged Falcon Gold Zimbabwe (FalGold) to the High Court – accusing it of failure to make full disclosures during the acquisition of Palatial Gold Investments (Palatial) about four years ago, court documents seen by The Financial Gazette show. The company, which is a subsidiary of Zimbabwe Stock Exchange (ZSE)-listed RioZim, took control of…

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