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Coeur sells part stake in Yukon-focused Victoria Gold

New York-listed precious metals producer Coeur Mining has sold 7.8% of its holdings in Toronto-listed Victoria Gold for C$54.5 million.

Coeur sells part stake in Yukon-focused Victoria Gold Coeur sells part stake in Yukon-focused Victoria Gold Coeur sells part stake in Yukon-focused Victoria Gold Coeur sells part stake in Yukon-focused Victoria Gold Coeur sells part stake in Yukon-focused Victoria Gold

Coeur sells part stake in Victoria Gold

The sale was at a share price of C$10.90 and reduces Coeur's holding in Victoria Gold to 9.5% on a non-diluted basis.  

The sale transaction is scheduled to close on or about June 30.