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Pediment Gold Corp.

03:42 PM EST - Pediment Gold Corp. : and Argonaut Gold Inc. are pleased to announce the completion of their previously announced plan of arrangement. Pursuant to the Arrangement, Argonaut has acquired all of the issued and outstanding common shares of Pediment in a transaction valued at approximately $137 million. Pediment Gold Corp. shares T.PEZ are trading down $0.09 at $2.65.