Brief: Gold Fields To Acquire Osisko Mining For C$2.16 Billion

Osisko Mining

12/08/2024 06:03

Aug 12 (Reuters) - Osisko Mining Inc  OSK.TO :
    * GOLD FIELDS TO ACQUIRE OSISKO MINING FOR C$2.16 BILLION
    * CONSIDERATION OF C$4.90 IN CASH PER OSISKO SHARE
REPRESENTS 55%
PREMIUM TO 20-DAY VWAP
    * DEAL FOR ALL-CASH OFFER THAT IS NOT SUBJECT TO A FINANCING
CONDITION
    * DEAL REMOVES FUTURE DILUTION, COMMODITY, CONSTRUCTION AND
EXECUTION RISK BOARD OF DIRECTORS RECOMMENDATION

Source text for Eikon:  ID:nGNX36nNBx 
Further company coverage:  OSK.TO 

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