Gammon Gold Makes Firm and Final Offer to Capital Gold

Gammon Gold Inc. (TSX:GAM,NYSE:GRS) announced today that it has amended its merger agreement with Capital Gold (AMEX:CGC).

The press release is quoted as saying:

If Capital Gold accepts Gammon’s proposed amendment and Capital Gold’s stockholders approve the merger involving Gammon Gold, Capital Gold’s stockholders will receive 0.5209 Gammon shares and US$1.09 in cash for each share of Capital Gold common stock that they hold.

To read the full press release, click here.