B2Gold's Pappillon Deal @ $1.72-- hmm.
Posted: Wednesday , 04 Jun 2014
RENO (Mineweb) -
The Fekola gold project in Mali, the government of Mali, B2Gold Corp., and Papillon Resources shareholders will be among the chief beneficiaries of the proposed merger between Australia junior Papillion Resources and Vancouver’s B2Gold.
The latter has proposed a A$615 million (US$570 million), or A$1.72 per share, purchase price in an all-stock merger deal announced Tuesday.