Hochschild to buy Amarillo Gold for control of Posse project, Brazil

London-based Hochschild Mining (LSE: HOC; US-OTC: HCHDF) has announced a $135 million cash offer to acquire Amarillo Gold (TSX: AGC; US-OTC: AGCBF). The offer, priced at 40c per Amarillo share, will give Hochschild control of Amarillo's flagship Posse gold project...

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