Premier announces $205M offer to acquire Centerra's interest in Greenstone Gold Mines Partnership
Today Premier Gold Mines (TSX:PG) confirmed an offer to acquire the remaining 50% interest in the Greenstone Gold Mines Partnership ("GGM") has been made to Centerra Gold.
Total consideration of the offer is approximately US$205 million.
GGM's principal asset is the Hardrock Mine Project located on the Trans-Canada Highway near Geraldton, Ontario, Canada. Hardrock is one of the most significant large-scale, near permitted, mine development projects in North America.