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Reunion Gold Corp V.RGD

Metals & Mining Gold
Reunion Gold Corporation is a Canada-based gold explorer in the Guiana Shield, South America. The Company is primarily engaged in the acquisition, exploration and development of gold mineral properties in the Guiana Shield region in South America. The Company’s flagship project is its 100%-owned Oko West Project located in Guyana. The Company also has an interest in other gold exploration projects in Suriname and French Guiana. The Oko West Project is in the Cuyuni Mining District, approximately 95 kilometers (km) west of Georgetown. The Oko West Project comprises a prospecting License with an area of approximately 44 square kilometers. The gold deposits in French Guiana are Montagne d’Or, Camp Caiman, Dorlin, Esperance, and Dieu Merci. Its French Guiana projects include Boulanger and Dorlin.


TSXV:RGD - Post by User

Reunion Gold Corp
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Post by sdhakaon Apr 24, 2024 6:18pm
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Post# 36006037

G Mining Ventures announces acquisition of Reunion Gold

G Mining Ventures announces acquisition of Reunion Gold
G Mining Ventures announces acquisition of Reunion Gold (TSXV: RGD) for $800M, a 29% premium over last closing MCAP. 
 
RGD holds a significant gold project in Guyana, boasting 5.9 Moz in resources.
 
Transaction values at $141/oz vs sector avg $48/oz, indicating a 194% premium. Reflects growing interest in juniors with sizable projects. 
 
Examples: Rio2 Limited (TSXV: RIO) and Southern Silver Exploration (TSXV: SSV).
 
Continue reading the full commentary on the resource sector this week: https://www.researchfrc.com/content/analyst-ideas/post/70/rate-cut-forecasts-ma-activity
 
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