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Magna Gold to acquire Alio's San Francisco mine

Junior plans to revamp mine in Mexico

Staff reporter
Magna Gold plans to revitalise Alio Gold’s San Francisco mine in Mexico

Magna Gold plans to revitalise Alio Gold’s San Francisco mine in Mexico

Alio said it would receive shares representing 19.9% of Magna upon closing and US$5 million in cash within 12 months. Alio said the sale would allow it to focus on its flagship Florida Canyon mine in...

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