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Fresnillo signs agreement to acquire Probe Gold for $558m
Yahoo Finance·2025-10-31 22:24

Fresnillo has signed a definitive agreement to acquire all issued and outstanding common shares of Probe Gold for approximately C780m(780m (558.51m). The transaction, executed through a statutory plan of arrangement under the Business Corporations Act (Ontario), will enable Fresnillo to expand its global precious metals portfolio beyond its core operations in Mexico. Probe shareholders will receive C$3.65 in cash for each share they own. This offer reflects a 39% premium over Probe’s closing share price on ...