Gold fields to acquire osisko mining for c$2.16 billion

Consideration of c$4.90 in cash per osisko share represents 55% premium to 20-day vwap board of directors unanimously recommends  osisko shareholders vote in favour of the transaction toronto, aug. 12, 2024 (globe newswire) -- osisko mining inc. ("osisko") (tsx:osk) is pleased to announce that it has entered into a definitive arrangement agreement dated august 12, 2024 (the "arrangement agreement") pursuant to which gold fields limited, through a 100% owned canadian subsidiary (the "purchaser" or "gold fields"), has agreed to acquire all of the issued and outstanding common shares of osisko (the "shares") at a price of c$4.90 per share (the "consideration"), in an all-cash transaction valued at approximately c$2.16 billion on a fully diluted basis (the "transaction"). the transaction will be completed by way of a statutory plan of arrangement under the business corporations act (ontario).
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