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New Gold divests Blackwater to Artemis Gold for C$190M

Company builder for former Atlantic Gold team

Paul Harris
Blackwater in British Columbia, Canada

Blackwater in British Columbia, Canada

The company will receive $140 million in cash up front, $50 million payable a year after closing, $20 million in Artemis shares, and an 8% gold stream at a price equal to 35% of the gold spot price, reducing...

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