Gammon Gold Inc. (TSX:GAM,NYSE:GRS) announced that its acquisition of Capital Gold (AMEX:CGC,TSX:CGC) is now complete.

The press release is quoted as saying:

The acquisition of Capital Gold significantly increases Gammon’s gold production and almost doubles its gold reserves, while strengthening the Company’s position as a leading, low cost, diversified gold and silver producer focused on Mexico.

To read the full press release, click here.