M&A

OceanaGold acquires Romarco

OCEANAGOLD Corporation will acquire Toronto-listed gold developer Romarco Minerals for $C856 million ($A902.8 million), which the company says will create the lowest-cost producer in the industry.

Kristie Batten

OceanaGold acquires Romarco

Romarco shareholders will receive 0.241 of an OceanaGold share for each share held, valuing Romarco at 68c, a 72.7% premium to its July 29 closing price. Toronto-based Romarco owns the Haile gold project...

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