Miner Fresnillo rises after $556.2 million Probe Gold deal

Probe Gold

31/10/2025 08:23

** Shares of miner Fresnillo FRES.L up 1.3% at 2278 p

** FRES to acquire Canada's Probe Gold PRB.TO for cash consideration of C$780 million ($556.19 million)

** Co says PRB shareholders to receive C$3.65 per share
** Up to Thursday's close, stock had risen 275.92%

($1 = 1.4024 Canadian dollars)

 (Reporting by Simone Lobo)

 ((Simone.Lobo@thomsonreuters.com, +919920570373))