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Leagold plans Brio takeover

Leagold Mining (CN:LMC) is planning a US$264 million all-stock offer for fellow Canadian-listed Brio Gold (CN:BRIO) to create a mid-tier Latin American gold producer, which the takeover target has described as “not surprising”.

Leagold plans Brio takeover Leagold plans Brio takeover Leagold plans Brio takeover Leagold plans Brio takeover Leagold plans Brio takeover

Plans to create a mid-tier Latin American gold producer

Leagold says it intends to make an offer representing an implied price of C$2.

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