08/08/2012 - 13:29

Endeavour acquires fellow goldminer Avion

08/08/2012 - 13:29

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Endeavour Mining has announced a merger agreement with Avion Gold Corporation, which will result in the creation of a 300,000 ounce per year gold producer. Endeavour said it had offered the target 0.365 Endeavour shares for each Avion share, valuing it at $C389 million ($369.9 million).

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