This comes just a few days after the Canadian gold miner said its shareholders approved the arrangement.
As a result of the completion of the transaction, Centerra has purchased and cancelled all of Kyrgyzaltyn’s 77.4 million Centerra common shares in exchange for, among other things, Centerra’s 100 per cent equity interest in its two Kyrgyz subsidiaries, and indirectly, the Kumtor mine.
In April, Centerra announced it had agreed to sell its business interests in the
The Kyrgyz government took over the Kumtor mine in
Centerra has denied those allegations.
This report by
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