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Ipolitics Canada

The Drilldown: Aussie gold producer to acquire Canadian miner Atlantic Gold

Ipolitics Canada - 6 days ago
The Lead Australian gold producer St Barbara Ltd. will acquire Vancouver-based Atlantic Gold Corp for $722 million. St Barbara offered $2.90 per share for Atlantic Gold and will fund the deal from cash reserves and by raising about $460 million “in a share sale to existing holders,” the company said in a statement. The agreement […]