(Reuters) - They said a three-way combination would create a gold
producer with a strong presence in Latin America, producing 1.4
million ounces of gold per year by 2009, more than double the
combined 2006 level. It would control six mining and development
projects in Brazil, Chile and Argentina.
Under the deal Northern Orion shareholders would receive
0.543 of a Yamana share, or C$7.07 based on Yamana's Wednesday
closing price. Meridian shareholders would receive 2.235 of a
Yamana share plus C$3.15 in cash, Yamana and Northern said.
Read more at Reuters.com Mergers News
producer with a strong presence in Latin America, producing 1.4
million ounces of gold per year by 2009, more than double the
combined 2006 level. It would control six mining and development
projects in Brazil, Chile and Argentina.
Under the deal Northern Orion shareholders would receive
0.543 of a Yamana share, or C$7.07 based on Yamana's Wednesday
closing price. Meridian shareholders would receive 2.235 of a
Yamana share plus C$3.15 in cash, Yamana and Northern said.
Read more at Reuters.com Mergers News
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