China’s Yintai Gold to buy Canadian gold exploration firm.

China's Yintai Gold is set to acquire Canadian gold exploration firm Osino Resources in an all-cash deal worth $368 million. Osino will cancel its previous $287 million agreement with Canadian gold miner Dundee Precious Metals, with Yintai paying a $10 million termination fee. The deal will see Yintai acquire all of Osino's outstanding common shares, with the final portfolio consisting solely of gold assets located in Namibia.

February 25, 2024
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