BRIEF-Gold Fields To Acquire Osisko Mining For C$2.16 Billion-March 2024-www.financetom.com

BRIEF-Gold Fields To Acquire Osisko Mining For C$2.16 Billion

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BRIEF-Gold Fields To Acquire Osisko Mining For C$2.16 Billion

Aug 11, 2024 10:17 PM

Aug 12 (Reuters) - Osisko Mining Inc ( OBNNF ):

* GOLD FIELDS TO ACQUIRE OSISKO MINING FOR C$2.16 BILLION

* CONSIDERATION OF C$4.90 IN CASH PER OSISKO SHARE

REPRESENTS 55%

PREMIUM TO 20-DAY VWAP

* DEAL FOR ALL-CASH OFFER THAT IS NOT SUBJECT TO A FINANCING

CONDITION

* DEAL REMOVES FUTURE DILUTION, COMMODITY, CONSTRUCTION AND

EXECUTION RISK BOARD OF DIRECTORS RECOMMENDATION

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