TSX:AAUCMetals and Mining
Allied Gold Buyout By Zijin Puts Focus On Cash Exit Versus Upside
Zijin Gold International has agreed to acquire Allied Gold (TSX:AAUC) in an all cash transaction.
The deal includes plans to delist Allied Gold from both the TSX and NYSE after completion.
Allied Gold's board has unanimously approved the agreement, and key shareholders have indicated support.
Allied Gold, a precious metals producer listed on the TSX under ticker TSX:AAUC, now sits at the center of a corporate event as it prepares to exit public markets. For existing shareholders, the move...