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Wednesday, September 19, 2012

Deals of the day -- mergers and acquisitions, (TSE: BTO.TO)

The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:** Canadian miner B2Gold Corp said it will purchase CGA Mining Ltd for C$1.1 billion ($1.13 billion) to gain access to CGA's flagship Masbate gold mine in the Philippines.

B2Gold Corp. (B2Gold) is a gold producer with mining operations in Nicaragua and a portfolio of development and exploration assets in Colombia, Nicaragua and Uruguay. Shares of BTO fell by 11.86% or $-0.51/share to $3.79. In the past year, the shares have traded as low as $2.64 and as high as $4.55. On average, 1334290 shares of BTO.TO exchange hands on a given day and today's volume is recorded at 26988756.



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