Reflects growing interest in juniors with sizable projects. 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).