Precious Metals M&A » By The Online Investor Staff, updated Sat., May. 4, 6:56 PM
Recent mergers and acquisitions in the Precious Metals M&A category.
Slide #85. Argonaut Gold — Prodigy Gold Incorporated
Acquirer: |
Argonaut Gold (AR.CA) |
Acquiree: |
Prodigy Gold Incorporated (PDG.CA) |
Details: |
Argonaut Gold Inc. and Prodigy Gold Incorporated are pleased to announce that they have entered into an agreement pursuant to which Argonaut Gold has agreed to acquire all of the issued and outstanding common shares of Prodigy by way of a Plan of Arrangement (the "Arrangement"). The combined entity will benefit from the strong operating experience and cash flow of Argonaut Gold and its ability to successfully advance Prodigy's Magino gold project, which has an indicated resource of more than 6 million ounces (223 million tonnes at 0.87 g/t using a cut-off grade of 0.35 g/t). |
Argonaut Gold is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America.
Open the AR.CA Page at The Online Investor » Argonaut Gold is engaged in gold mining, mine development and mineral exploration activities at gold-bearing mineral properties in North America.
Open the PDG.CA Page at The Online Investor »
Company Name: |
Argonaut Gold Inc |
Website: |
www.argonautgold.com |
Sector: |
Precious Metals |
Number of ETFs Holding AR.CA: |
1 |
Total Market Value Held by ETFs: |
$4.93M |
Total Market Capitalization: |
$37.00M |
% of Market Cap. Held by ETFs: |
13.33% |
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May 4, 2024 6:56 PM Eastern
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