GOLD M&A
The TSX-V-listed equity of Canadian exploration and development company Reunion Gold jumped more than 10% on Friday after announcing that the world’s largest gold producer by output, Barrick Gold, has taken a 15% stake.
NYSE- and TSX-listed Barrick has acquired 48-million Reunion shares, through a nonbrokered private placement of 48-million shares, at C$0.19 apiece.
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