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Leagold Mining Corporation entered into a binding agreement to acquire the Los Filos Gold Mine in Guerrero State, Mexico from Goldcorp for US$350 million, consisting of US$279 million in cash and US$71 million in Leagold shares. Goldcorp will become an approximate 30% shareholder of Leagold.
“Leagold Mining Corporation is pleased to announce that it has entered into a binding sale and purchase agreement with Goldcorp Inc. dated January 11, 2017 to acquire the Los Filos Gold Mine in Guerrero State, Mexico for US$350 million.”newswire.ca
Summarized from public sources; check the original articles before acting on it.