The gold producer announced it will purchase a further 177,830 shares in Newhawk Gold Mines (TSE) through a private placement of flow-through shares. Corona currently owns about 4.5 million shares (a 40% interest) in Newhawk.
Corona also announced it owns 3.6 million shares (about a 12% interest) in Messeguay Mines (ME). The gold producer has an option to acquire an additional nine million shares of Messeguay over a 3-year period.
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