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.