Fresnillo Acquires Probe Gold of Canada in $560 Million Agreement
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 31 2025
0mins
Source: WSJ
Acquisition Announcement: Fresnillo has agreed to acquire Canadian exploration company Probe Gold for approximately $560 million in cash.
Shareholder Offer: The deal includes an offer of 3.65 Canadian dollars per share, which is a 24% premium over the 30-day average share price ending October 30.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
