Aurion Resources Contemplates Joint Venture Buyout Offer
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Aurion Resources Contemplates Joint Venture Buyout Offer

Aurion Resources (TSE:AU) has released an update.

Aurion Resources Ltd. has received a proposal from Rupert Resources Ltd. for the acquisition of B2Gold Corp.’s 70% stake in their joint venture, which owns assets in Finland’s Central Lapland Greenstone Belt. The deal, valued at C$102.8 million, is contingent on several conditions, including regulatory approvals. Aurion is considering whether to exercise its right of first refusal on the offer and plans to provide market updates soon.

For further insights into TSE:AU stock, check out TipRanks’ Stock Analysis page.

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