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Evolution Mining swoops on Red Lake neighbour

Friendly C$343M deal supports Evolution's aspirations

Kristie Batten
Battle North Gold Corp's Bateman project. Evolution's Red Lake mine can be seen in the background across the lake.

Battle North Gold Corp's Bateman project. Evolution's Red Lake mine can be seen in the background across the lake.

Evolution will offer $2.65 cash per share, a 46% premium to Battle North's closing price on Friday and a 54% premium to the 20-day volume-weighted average price. Battle North owns the shove-ready Bateman...

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