Lidya Madencilik San. ve Tic. A.S. agreed to acquire remaining 50% stake in Gediktepe Project from Alacer Gold Corp. (TSX:ASR) for $10 million on July 17, 2019. As consideration, Alacer Gold Corp. will receive 10% net smelter return on all oxide ore production, 2% net smelter return on all sulfide ore production and cash consideration of $10 million as various development and production milestones are met. Transaction completion is subject to receipt of all customary regulatory approvals and satisfaction of completion of all closing conditions. Lidya Madencilik San. ve Tic. A.S. completed the acquisition of remaining 50% stake in Gediktepe Project from Alacer Gold Corp. (TSX:ASR) on January 3, 2020.