Fortuna Silver Mines to acquire Roxgold for $882m.

Fortuna Silver Mines, a Canadian public silver mining company based in Vancouver, agreed to acquire Roxgold, a Canadian-based gold mining company with assets located in West Africa, for $882m. "This transaction recognizes the commitment and execution of the Roxgold team and the value creation over recent years, as we advanced from developer to low-cost gold producer with a growth pipeline that few of our peers could match. The combination with Fortuna provides our shareholders with an immediate premium and a unique opportunity to participate in the creation of a new global mid-tier precious metals producer with significant organic growth and cash flow generating potential. Further, Fortuna’s excellent track record as an operator and mine builder gives us confidence that the combined company will be best positioned to maximize value for all our shareholders," John Dorward, Roxgold President and CEO.