Mandalay and Elgin are pleased to announce the completion of the acquisition of Elgin by Mandalay by way of a court-approved plan of arrangemen. Mr. Brad Mills, Chief Executive Officer of Mandalay, commented, "I am pleased to announce that we have successfully closed the Elgin transaction as planned, adding Elgin's Björkdal gold mine in Sweden as Mandalay's third producing mine in a top mining jurisdiction. We
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