Yamana Gold Completes Acquisition of Extorre Gold


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Yamana Gold Inc. ( AUY ) has completed its previously announced agreement to acquire all issued and outstanding shares of Extorre Gold Mines Limited.

The company said with the completion of the acquisition, it adds several exploration and development stage precious metals projects, the most advanced of which is Cerro Moro, a high grade, gold silver deposit with approximately 1.36 million GEO indicated mineral resources and 1.05 million GEO inferred mineral resources, located in the province of Santa Cruz, Argentina.

AUY added a cent to its value in the after-hours trade, reaching $15.96.

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This article appears in: Investing , Commodities

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