Allied Gold's U.S. stock rose nearly 9% in pre-market trading; Zijin Gold International plans to acquire 100% of its shares for 28 billion yuan.

Allied Gold's U.S. stock rose nearly 9% in pre-market trading after Zijin Mining announced that Zijin Gold International had signed an "Arrangement Agreement" with Allied Gold Corporation. Zijin Gold International plans to acquire all issued common shares of Allied Gold at a cash price of 44 CAD per share, with a total acquisition price of approximately 5.5 billion CAD (about 28 billion RMB).

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