Stocks in play: GT Gold Corp
And Newmont Corporation announced that the companies have entered into a binding agreement in which Newmont will acquire the remaining 85.1% of common shares of GT Gold not already owned by Newmont. Under the terms of the agreement, Newmont will acquire each GT Gold share at a price of C$3.25, for cash consideration of approximately US$311 million (C$393.0 million). GT Gold Corp shares V.GTT are trading up $1.19 at $3.20.
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