09:51 AM EST - Acadian Mining Corporation : and LionGold Corp. Ltd. today jointly announced that they have entered into a definitive agreement pursuant to which LionGold has agreed to acquire all of the issued and outstanding common shares of Acadian (other than the Acadian Shares it currently owns) by way of a statutory Plan of Arrangement under the Canada Business Corporations Act. Under the Arrangement, shareholders of Acadian will receive C$0.12 in cash for each common share of Acadian, representing a premium of approximately 21% to the 20-day volume weighted average price of the Acadian Shares on the TSX Venture Exchange as of July 26, 2013. Acadian Mining Corporation
shares V.ADA are trading up $0.005 at $0.12.
