Azumah Resources refutes claims of selling Black Volta Gold Project

Azumah Resources Ghana Limited has firmly denied any involvement in the purported sale of its flagship Black Volta Gold Project to Engineers & Planners Company Limited (E\&P) or any other entity.

The company has described widely circulated reports and invitations to a so-called signing ceremony as “false and unauthorised”.

The event in question, titled *“Facility Agreement Signing Ceremony – E\&P Acquisition of the Black Volta Gold Project”*, is said to be scheduled for 7th July 2025 at the Marriott Hotel in Accra.

However, Azumah Resources insists it has neither sold nor entered into any process of selling the project “in whole or in part”.

“We have not entered into any acquisition agreement, nor have we authorised any third party to act on our behalf,” the company clarified in a strongly worded statement.

It further stressed that neither its Board of Directors nor Executive Management has any knowledge of an agreement with E\&P or its affiliates.

Azumah reiterated that the Black Volta Gold Project remains 100% owned by the company, with construction preparations already underway following successful financing backed by shareholders.

“We reiterate our unwavering commitment to its development… in line with the highest standards of transparency, professionalism, and national development objectives,” the statement concluded, urging the public to disregard the misleading invitation and associated claims.

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