- Vanstar Mining Resources stock (TSXV:VSR) opened with a gain of 42.85 per cent after being acquired by IAMGOLD (TSX:IMG)
- Total consideration of C$45 million values Vanstar at C$0.69 per share, which represents a 74 per cent premium from Friday
- The acquisition adds 5.6 million ounces Au to IAMGOLD’s portfolio, in addition to numerous early-stage projects with attractive drilling results
- Vanstar Mining Resources stock (TSXV:VSR) is up by more than 130 per cent year-over-year and by more than 441 per cent since 2018
Vanstar Mining Resources stock (TSXV:VSR) opened with a gain of 42.85 per cent after being acquired by IAMGOLD (TSX:IMG).
Total consideration of C$45 million values Vanstar at C$0.69 per share, which represents a 74 per cent premium to the 20-day volume-weighted average price of Vanstar shares as of Friday. Vanstar shareholders will receive 0.2008 IAMGOLD shares for each Vanstar…
