Market Overview

AuRico Gold Sells Shares of Endeavour Silver for $97M

Share:
Related AUQ
Urge To Merge: 6 Gold Juniors That Could Be Acquired Soon
Benzinga's M&A Chatter for Monday April 13, 2015
Jeb Handwerger: Fed Interest Rate Increase Could Be Best Thing To Happen To Gold (Seeking Alpha)
Related EXK
Mid-Day Market Update: Martha Stewart Living Omnimedia Drops After Sequential Buyout Deal; CIGNA Shares Gain
Worst Performing Industries For June 16, 2015

AuRico Gold Inc. (TSX:AUQ) (NYSE: AUQ), ("AuRico Gold" or "the Company") today announced that it has sold its approximate 11.1% equity interest in Endeavour Silver Corp. ("Endeavour"), consisting of approximately 11 million Endeavour common shares, on an underwritten block trade basis, for gross proceeds of C$95 million (approximately US$97 million). The syndicate was jointly led by CIBC, BMO Capital Markets and Dundee Securities Ltd.

Posted-In: News Asset Sales

 

Related Articles (EXK + AUQ)

Around the Web, We're Loving...

Get Benzinga's Newsletters