11:37 AM EST - Central Sun Mining Inc. : said it received a binding offer from B2Gold Corp. for the acquisition of all of the issued and outstanding shares of the company by way of a plan of arrangement. Following the offer, Central Sun shareholders would be entitled to receive 1.28 common shares of B2Gold for each Central Sun common share held. The company said the consideration under the B2Gold Transaction represents a 45.1% premium over the closing price of $0.45 for the Central Sun common shares on the Toronto Stock Exchange on January 26, 2009 and a 45.7% premium over the volume weighted average price of the Shares during the 10 day trading period ended January 26, 2009. Central Sun Mining Inc.
shares T.CSM are trading up $0.18 at $0.63.
