OceanaGold to Acquire Ausgold for $549 Million, Adding the Katanning Gold Project

OceanaGold has entered into a definitive scheme implementation deed to acquire 100% of Ausgold Limited via an Australian court-approved scheme of arrangement. Under the deal, Ausgold shareholders will receive 0.03365 OceanaGold shares per Ausgold share (with a cash alternative), valuing the equity at approximately A$776 million (US$549 million).