Cerro Resources today announces that it has entered into a definitive agreement with Primero Mining aimed at progressing the planned Cerro del Gallo gold/silver heap leach mine in Mexico, under which: Primero will acquire all issued and outstanding ordinary shares of Cerro by way of a scheme of arrangement under the Australian Corporations Act 2001, at the ratio of 0.023 of a
Primero share for each 1 Cerro share
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