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Esperanza Resources acquired by Alamos Gold for $69.4 million

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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 average price. The transaction values Esperanza’s equity at approximately Can$69.4 million on a fully diluted [...]

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