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Esperanza Resources acquired by Alamos Gold for $69.4 million

Michael Allan McCrae | July 12, 2013 | 8:57 pm Precious Metals Canada Latin America Gold 

Canadian junior Esperanza Resources (TSX.V:EPZ) has been acquired by Alamos Gold (TSX:AGI) in a friendly acquisition. Esperanza shareholders will receive C$0.85 in cash for each common share of Esperanza held, representing a premium of approximately 38% to Esperanza’s 30-day volume-weighted...

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