BRIEF-Premier Gold Mines to buy Mercedes Mine from Yamana Gold Inc for $140 mln

Thu Jul 28, 2016 10:08pm EDT
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July 28 (Reuters) - Premier Gold Mines Limited :

* Signs definitive agreement to purchase Mercedes Mine from Yamana Gold Inc.

* Agreed to buy all shares of Yamana's indirect wholly-owned subsidiary, which indirectly owns interests in mercedes mine, for $140.0 million

* Intends to fund cash component of purchase price from sources of capital available Source text for Eikon: Further company coverage: (Bengaluru Newsroom)