
VCI Global Limited has signed a binding term sheet to strategically invest in a mature gold mining asset in Brazil, estimated to contain about 59.9 tons of gold. The investment aligns with the company's strategy to integrate physical gold into its real-world asset and digital asset treasury plans. VCI Global plans initial funding and may increase its stake up to 51% pending final agreements and regulatory approvals. The project is in early development and requires further technical validation, permits, and financing before advancing to production stages.