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Alio Gold looks to take over Rye Patch

Mexico-focused miner looks for diversity and protection with C$128 million deal

Staff reporter
Ana Paula is expected to produce 116,000oz of gold and 166,000oz of silver when it starts up

Ana Paula is expected to produce 116,000oz of gold and 166,000oz of silver when it starts up

The Toronto and New York-listed miner has agreed to pay the equivalent of C$128 million (US$98 million) in Alio shares for Rye Patch which, at C$1.57 per share, represents a 35% premium to the 20-day volume...

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