G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF) and G2 Goldfields (TSX: GTWO, OTCQX: GUYGF) have entered into a definitive agreement under which G Mining will acquire all outstanding shares of G2 through a court-approved plan of arrangement. The transaction will combine G2’s Oko-Ghanie Project with G Mining’s fully permitted and financed Oko West Project in Guyana, creating a large-scale, low-cost gold mining hub.
The combined entity is expected to achieve life-of-mine average annual production exceeding 500,000 ounces, with significant synergies across infrastructure, operating and capital costs, mine sequencing, and permitting. Under the terms, G2 shareholders will receive 0.212 G Mining common shares for each G2 share held, plus shares in a newly created exploration company holding certain non-core G2 assets, funded with C$45 million in cash and supported by a contingent value right tied to future resource milestones.
This strategic consolidation positions G Mining Ventures to become a mid-tier precious metals producer by leveraging its proven development expertise and strong access to capital. The company is currently anchored in mining-friendly jurisdictions including Brazil and Guyana. The full press release is available at https://ibn.fm/i9Or2.
G Mining Ventures Corp. is a mining company focused on the development, operation, and exploration of precious metal projects. The company trades on the TSX under the symbol "GMIN" and on the OTCQX under "GMINF". For more information, visit the company's newsroom at https://ibn.fm/GMINF.
