Osisko Mining (TSE:OSK) has released an update.
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Gold Fields Limited is set to acquire Osisko Mining for C$2.16 billion, offering C$4.90 per share, a 55% premium over the recent average trading price. The deal, recommended by Osisko’s Board, will solidify Gold Fields’ ownership of the high-grade Windfall Project. This acquisition marks a significant entrepreneurial achievement for Osisko and ensures the project’s future development.
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