Yamana Gold Inc. has struck a $414-million deal to buy junior miner Extorre Gold Mines Ltd. and add to its pipeline of development projects in Latin America.

Toronto-based Yamana is paying $3.50 in cash and 0.0467 of its shares for each Extorre share. That values Extorre at $4.26 a share, a 68% premium over its closing price on Friday.

http://business.financialpost.com/2012/06/18/yamana-gold-to-acquire-extorre-gold-mines/

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Another junior taken out at a fraction of its former valuation.

Extorre (XG.T) traded as high as $14.84 just 1 year ago. Does the chart look familiar?