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Canadian mergers picking up: New Gold buys Bayfield

Cecilia Jamasmie | November 10, 2014 | 6:33 pm Precious Metals Canada Europe Latin America Gold Silver 

Canada-based New Gold (TSX:NGD) said on Monday it plans to buy exploration company Bayfield Ventures Corp (TSX-V:BYV) for C$16.6 million (US$14.67m) to expand its land holdings in the Rainy River mining district in northwestern Ontario. Bayfield's assets include a 100%...

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