Announced
Financials
Tags
Gold Mining
gold miner
Canada
Friendly
Single Bidder
Majority
Pending
Acquisition
Public
Cross Border
Synopsis
Zijin Mining, a Chinese gold, copper and non-ferrous metals producer and refiner, agreed to acquire Guyana Goldfields, a gold mining company for $238m. "The all-cash offer from Zijin represents a significant premium to the amended Silvercorp offer price and is an excellent outcome for Guyana Goldfield's shareholders. Zijin is a highly regarded mining company with an impressive track record of successful international acquisitions and operations. We look forward to working with Zijin over the coming weeks to close this transaction and transition to the new team," Alan Pangbourne, Guyana Goldfields President and CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.