Endeavour Mining to acquire SEMAFO in all-stock deal

Endeavour Mining will acquire all outstanding securities of SEMAFO to create a top 15 global gold producer with six operations in West Africa. The exchange ratio is 0.1422x, representing a 27.2% premium to SEMAFO's 20-day VWAP.

“The Transaction will create a top 15 global gold producer and the largest in West Africa with six operations and an attractive growth pipeline.”endeavourmining.com

• 1 source
• endeavourmining.comEndeavour To Combine with SEMAFO to create a leading West African Gold Producer - Endeavour Mining plc (LSE: EDV/TSX: EDV)Mar 23, 2020

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