Yintai Gold Co., Ltd to acquire Osino Resources Corp. for C$368M
Date Announced
February 25, 2024
Lead Office
Vancouver
Value
368.00 Million CAD
On February 25, 2024, Yintai Gold Co., Ltd ("Yintai") and Osino Resources Corp. (“Osino”) announced that they have entered into a binding arrangement agreement pursuant to which Yintai will acquire all of the outstanding common shares of Osino for cash consideration of approximately C$368 million.
Yintai is a mining company publicly listed on the Shenzhen Stock Exchange and it conducts businesses in the mining and exploration of precious and non-ferrous metal.
Osino is a Canadian gold exploration and development company.
McCarthy Tétrault advised Yintai with a team led by Joyce Lee that includes Xin Gao, Jason Gudofsky, Gideon Kwinter and Sarah Xu.