Analyst Research

Report Title Price
Provider: Thomson Reuters Stock Report
$25.00
Provider: ValuEngine, Inc.
$25.00
Provider: Reuters Investment Profile
$20.00
Provider: Pechala's Reports
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

B2gold Corp Agrees To Acquire Volta Resources Inc.


Monday, 28 Oct 2013 03:30am EDT 

B2gold Corp announced that they have signed a binding letter agreement pursuant to which B2Gold has agreed to acquire (the Transaction) all of the outstanding common shares of Volta at the agreed exchange ratio of 0.15 B2Gold shares for each Volta share held (the Consideration), which represents a purchase price of approximately CAD0.42 per Volta share and a total equity value for Volta of approximately USD63 million based on the fully-diluted in-the-money Volta shares outstanding and a premium of 106% based on each respective company's share price on the Toronto Stock Exchange (TSX) on October 25, 2013. The Consideration represents an 81% premium based on B2Gold and Volta's respective volume weighted average share prices on the TSX for the 20 trading day period ending October 25, 2013. 

Company Quote

1.92
-0.06 -3.03%
4:00pm EST