February 16, 2018 / 3:44 PM / 8 months ago

BUZZ-Brio Gold: Up after agreeing to Leagold's sweetened offer

** Shares of Canadian miner Brio Gold up 7.4 pct at C$2.48

** Co agrees to an increased buyout offer of $279 mln from Leagold Mining; Touches more than a 3-week high

** Shares of LMC also up 7.8 pct at C$2.78; Biggest intra-day pct gain in nearly 1-1/2 months

** Combined company expected to produce between 420,000 ounces-475,000 ounces of gold in 2018

** LMC made an offer last month to buy BRIO for $264 mln

** So far this year, BRIO stock has risen 33.2 pct, had fallen 42.5 pct last year (Reporting by Anirban Paul)

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