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The Bay Street sign is shown in the heart of the financial district as people walk by in Toronto.MARK BLINCH

Silver Predator Corp. has struck a deal to acquire Nevgold Resource Corp., a junior miner with operations in Canada and the United States.

Financial terms of the deal between the two Vancouver juniors, announced Monday, were not revealed.

Nevgold has a stock market value of nearly $3-million and holds gold, copper-silver, and base metal projects in Ontario, Manitoba, Idaho and Nevada.

After the friendly deal closes, Nevgold will become a wholly owned subsidiary of Silver Predator, and the former shareholders of Nevgold will own about 18.8 per cent of Silver Predator.

The transaction is slated to close by mid-February.

Silver Predator's develops silver properties in the Yukon and in Nevada.

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