Premier Gold Mines Ltd. (PG.TO) and Goldstone Resources Inc. (GRC.TO) have completed their merger with Premier last night acquiring all of Goldstone's outstanding shares.
Goldstone shareholders signed off on the $108.5 million stock-and-cash transaction last week, consolidating ownership of the Hardrock project in Ontario and also expanding Premier's holdings in the Geraldton-Beardmore Greenstone Belt, including the Brookbank Deposit that is believed to contain at least 425,000 oz. of gold.
Goldstone shares, which closed yesterday at $1.24 each, likely will delist from the Toronto Stock Exchange at the close of business on Thursday.
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