Yintai Gold Co., Ltd Acquires Osino Resources Corp. for C$368 Million
February 25, 2024
Yintai Gold Co., Ltd will acquire all outstanding common shares of Osino Resources Corp. for C$1.90 per share, valuing Osino at approximately C$368 million in an all-cash plan of arrangement. The transaction, which includes a concurrent US$10 million loan to Osino and reimbursement of a termination fee, is subject to shareholder, court and regulatory approvals and is expected to close in H1 2024.
- Buyers
- Yintai Gold Co., Ltd
- Targets
- Osino Resources Corp.
- Industry
- Energy
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
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