Canada-based mineral exploration company Orla Mining has concluded the acquisition of Contact Gold, which is now its wholly-owned subsidiary. The move has resulted in the acquisition of all issued and outstanding Contact Gold common shares. In February this year, Orla sealed a definitive arrangement agreement for the purchase. This acquisition was valued at around $8.1m (C$10.93m) and further enhanced Orla’s footprint in the prolific Carlin trend in the US state of Nevada. The consideration for this deal was a 77% premium based on the two companies’ 20-day volume weighted average price on 23 February 2024. See Also: ... (full story)