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Premier Gold Mines Limited

03:53 PM EST - Premier Gold Mines Limited : announced that it has closed its previously announced acquisition of the Cove Gold Project, located within the Eureka-Battle Mountain Trend of Nevada, of Victoria Gold Corp. In connection with the closing of the Acquisition, Premier paid an aggregate of $8 million, $4 million of which was paid in cash and $4 million of which was satisfied by the issuance of an aggregate of 892,857 common shares of Premier to a wholly-owned subsidiary of Victoria. Premier Gold Mines Limited shares T.PG are trading down $0.06 at $4.66.