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Zijin Mining announced that the company previously disclosed that Zijin Gold International plans to acquire all of Allied Gold Corporation's issued shares for 44 Canadian dollars/share in cash. After a comprehensive assessment, the two parties signed a “Termination Agreement” on July 29, 2026, agreeing to terminate the acquisition without payment of a termination fee due to the difficulty of fully implementing or exempting all delivery prerequisites before the deadline. At the same time, the two sides signed a separate “Share Subscription Agreement”. Zijin Gold International plans to subscribe for 12.8 million additional shares of Lianhe Gold's targeted additional common shares at a price of $32.55 per share, for a total subscription amount of $417 million.
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Zijin Mining announced that the company previously disclosed that Zijin Gold International plans to acquire all of Allied Gold Corporation's issued shares for 44 Canadian dollars/share in cash. After a comprehensive assessment, the two parties signed a “Termination Agreement” on July 29, 2026, agreeing to terminate the acquisition without payment of a termination fee due to the difficulty of fully implementing or exempting all delivery prerequisites before the deadline. At the same time, the two sides signed a separate “Share Subscription Agreement”. Zijin Gold International plans to subscribe for 12.8 million additional shares of Lianhe Gold's targeted additional common shares at a price of $32.55 per share, for a total subscription amount of $417 million.
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