(Reuters) - Bolnisi and Palmarejo own the Palmarejo project in Chihuahua, Mexico that is currently under construction, with annual production estimated at 12 million ounces of silver and 110,000 ounces of gold.
Under the arrangement, Bolnisi shareholders will get 0.682 of a Coeur share for each Bolnisi share they hold and Palmarejo shareholders will receive 2.715 Coeur shares for each Palmarejo share they own.
Read more at Reuters.com Mergers News
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