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.