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Precious Metals M&A image Precious Metals M&A » By The Online Investor Staff, updated Sat., Apr. 17, 1:06 PM Recent mergers and acquisitions in the Precious Metals M&A category.

Slide #88. B2Gold Corp. CGA Mining Limited

Acquirer: B2Gold Corp. (BTO.CA)
Acquiree: CGA Mining Limited (CGA.CA)
Details: B2Gold Corp. and CGA Mining Limited announced that they have entered into a definitive Merger Implementation Agreement to combine the two companies at the agreed exchange ratio of 0.74 B2Gold common shares for each CGA share held, which represents a purchase price of approximately C$3.18 per CGA share and a premium of 22% using the 20 day volume weighted average share price of each respective company, and a 26% premium over the CGA closing share price on September 17, 2012 based on the closing price for the B2Gold shares as of such date. The transaction is valued at approximately C$1.1 billion.

B2Gold is a Vancouver-based gold producer with three operating mines (two in Nicaragua and one in the Philippines), a fourth mine which has entered into the commissioning and testing phase in Namibia and a portfolio of development and exploration assets in Mali, Colombia, Burkina Faso and Nicaragua. Co.'s reportable operating segments include its mining operations and development projects. The Other Mineral Properties segment consists of Co.'s interests in mineral properties which are at various stages of exploration. The Corporate and Other segment includes corporate operations and the Bellavista property in Costa Rica which is classified as held for sale.

Open the BTO.CA Page at The Online Investor »

B2Gold is a Vancouver-based gold producer with three operating mines (two in Nicaragua and one in the Philippines), a fourth mine which has entered into the commissioning and testing phase in Namibia and a portfolio of development and exploration assets in Mali, Colombia, Burkina Faso and Nicaragua. Co.'s reportable operating segments include its mining operations and development projects. The Other Mineral Properties segment consists of Co.'s interests in mineral properties which are at various stages of exploration. The Corporate and Other segment includes corporate operations and the Bellavista property in Costa Rica which is classified as held for sale.

Open the CGA.CA Page at The Online Investor »

Company Name: 
B2Gold Corp
Website: 
www.b2gold.com
Sector: 
Precious Metals
Number of ETFs Holding BTO.CA: 
6
Total Market Value Held by ETFs: 
$8.20M
Total Market Capitalization: 
$4.82B
% of Market Cap. Held by ETFs: 
0.17%
Company Name: 
CGA Mining Ltd
Website: 
www.cgamining.com
Sector: 
Precious Metals
 

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