Norman Cay Development, Inc. (NCDL) is “One to Watch”
During the September month of last year, via a share exchange agreement, Norman Cay Development acquired all outstanding shares of Discovery Gold Ghana Limited for a $100k lump sum and issuance of 17.5M newly-issued shares to DGG stockholders. The company thereby obtained access to the exclusive option held by DGG with rights to acquire, explore, and develop the Edum Banso (7.8 square miles) gold project in Western Ghana (specifically the historic Ashanti Gold Belt, Mpohor Wasa East District). DGG currently holds a 65% interest with an opportunity to acquire up to 90% in these exclusive exploration rights. Norman Cay takes…