G Mining Ventures to Acquire G2 Goldfields in Guyana Gold District Combination

G Mining Ventures Corp. and G2 Goldfields announced a definitive agreement under which G Mining will acquire all outstanding G2 shares in a court-approved plan of arrangement. The transaction combines G2’s Oko-Ghanie Project with G Mining’s fully permitted and financed Oko West Project in Guyana, creating what the companies describe as a large-scale, low-cost gold mining hub. The combined operation is projected to have a life-of-mine average production potential exceeding 500,000 ounces annually.

The companies expect significant synergies across infrastructure, operating and capital costs, mine sequencing, and permitting. Under the deal terms, G2 shareholders will receive 0.212 G Mining common shares for each G2 share held, along with shares in a newly created exploration company holding certain non-core G2 assets. This exploration company will be funded with C$45 million in cash and supported by a contingent value right tied to future resource milestones.

The full details of the agreement are available in the official press release accessible at https://ibn.fm/i9Or2. This transaction represents a significant consolidation in the Guyana gold district, positioning the combined entity as a potentially major producer in the region. The combination of adjacent projects is expected to create operational efficiencies that could enhance profitability and resource development in one of South America’s emerging mining jurisdictions.

For investors seeking additional information about G Mining Ventures, the company maintains a newsroom with updates at https://ibn.fm/GMINF. The Rocks & Stocks platform, which disseminated this announcement, provides specialized communications for the mining industry and is part of the Dynamic Brand Portfolio at IBN. More information about their services is available at https://RocksAndStocks.news, with full terms of use and disclaimers accessible at https://RocksAndStocks.news/Disclaimer.

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