Investment Canada Act

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Allied, Zijin gets greenlight for C$5.5bn merger from Canadian, African authorities

Allied Gold Corporation received approval under the Investment Canada Act for Hong Kong-listed Zijin Gold International's C$5.5 billion acquisition of Allied. This major gold sector consolidation completes the Canadian approval process and represents significant capital flow from Chinese investors into North American mining assets.

#Allied Gold#Zijin Gold International#C$5.5 billion

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