04:32 PM EST - Victoria Gold Corp. : has struck a deal to acquire Gateway Gold Corp. in a share swap combination of junior Canadian miners with properties in Nevada. The two companies announced Tuesday their boards had approved an agreement for a proposed friendly transaction in which Toronto-based Victoria will acquire Vancouver-based Gateway in exchange for Victoria common shares. Under the deal, Victoria will offer half a share for each Gateway share held. With 38.1 million Gateway shares outstanding, the deal is valued at about $6.5 million. Victoria Gold Corp.
shares V.VIT are trading up 2 cents at $0.36.
