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AngloGold Ashanti has entered into a definitive arrangement to acquire the 80.5% of Corvus Gold it does not already own for C$4.10 per share in cash, a transaction valuing the target company at C$570 million (US$450 million).
Corvus Gold's North Bullfrog project in Nevada, USA
AngloGold increased its bid by 10c from an initial C$4 per share bid in July and will spend about US$370 million on the transaction.
Deal completes district consolidation
AngloGold Ashanti makes cash bid for Corvus
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