09:49 AM EST - Anatolia Minerals Development Limited : and Avoca Resources Limited are pleased to announce that they have entered into a Merger Implementation Deed to combine the two companies to create a new leading intermediate global gold producer. The combined company will be called Alacer Gold Corp., bringing together two of the leading junior resource companies in the world. Based on the latest closing share prices of Anatolia and Avoca, Alacer Gold would have a combined market capitalization of approximately $2 billion U.S. All directors of Anatolia and Avoca are in unanimous support of the proposed merger of equals, and both boards will be recommending the proposed merger to their shareholders, in the absence of a superior proposal. Anatolia Minerals Development Limited
shares T.ANO are trading down $0.43 at $7.38.
