{"id":930205,"date":"2018-08-15T18:57:34","date_gmt":"2018-08-15T18:57:34","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=930205"},"modified":"2018-08-15T18:57:34","modified_gmt":"2018-08-15T18:57:34","slug":"osisko-mining-to-acquire-beaufield-resources-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=930205","title":{"rendered":"Osisko Mining to acquire Beaufield Resources"},"content":{"rendered":"

By Michael Allan McCrae<\/a><\/span> <\/p>\n

Osisko Mining (TSX: OSK) will acquire all remaining shares of the Canadian exploration company, Beaufield Resources (TSX-V: BFD)<\/a>. <\/p>\n

Osisko, which announced the purchase plan yesterday, says Beaufield shareholders will receive 0.0482 of a common share of Osisko in exchange for each Beaufield share held. Osisko says the price is a premium of approximately 54% based on the 20-day volume weighted average price of both companies’ common shares. Osisko already holds 26% of Beaufield. <\/p>\n

In an analyst’s note Haywood Resources notes that Beaufield, which owns projects throughout Ontario and Quebec, most notably owns the Urban-Windfall project that is located adjacent to Osisko’s Windfall\/Lynx project. <\/p>\n

According to Osisko’s website<\/a>, Windfall Lake Gold project is located in Quebec, approximately 200 kilometres northeast of Val-d’Or. A mineral resource update completed by SRK (Canada) in November 2014 estimated 748,000 ounces of gold at 8.42 g\/t gold in the indicated category, and 860,000 ounces of gold at 7.62 g\/t gold in the inferred category. <\/p>\n

Creative Commons image of a prospecters’ and miners’ camp in Val d’Or courtesy of BiblioArchives \/ LibraryArchives<\/a><\/em><\/p>\n

The post Osisko Mining to acquire Beaufield Resources<\/a> appeared first on MINING.com<\/a>.<\/p>\n

…read more<\/a> <\/p>\n

From:: Mining.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Michael Allan McCrae Osisko Mining (TSX: OSK) will acquire all remaining shares of the Canadian exploration company, Beaufield Resources (TSX-V: BFD). Osisko, which announced the purchase plan yesterday, says Beaufield shareholders will receive 0.0482 of a common share of Osisko in exchange for each Beaufield share held. Osisko says the price is a premium […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[369],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/930205"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=930205"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/930205\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=930205"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=930205"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=930205"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}