Yamana Gold Completes Acquisition of Extorre Gold

By MidnightTrader.com Staff,

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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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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This article appears in: Investing Commodities
Referenced Stocks: AUY

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