TORONTO, Jan. 15, 2026 /CNW/ - Geodrill Limited ("Geodrill" or the "Company") (TSX: GEO) announces that a memorandum of understanding has been entered into with the Côte d'Ivoire tax authorities in respect of the previously disclosed notice of recovery. In late December 2025, the tax authorities initiated certain measures with the intent of restricting the Company's operations. In order to ensure the continuous operations in Côte d'Ivoire, and following a series of discussions with the tax authorities, management determined that it was in the best interest of the Company to agree to a settlement as the Company continues to seek recovery of all additional taxes paid from the registered tax agency who we hold responsible for this dispute.
Read more at newswire.caGEODRILL ENTERS INTO A MEMORANDUM OF UNDERSTANDING WITH THE COTE D'IVOIRE TAX AUTHORITIES
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