CIBC Downgrades Lake Shore Gold Corp. (LSG) to Sector Perform

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Tahoe Resources and Lake Shore Gold Announce Business Combination

February 8, 2016 7:01 AM EST

VANCOUVER, British Columbia, Feb. 8, 2016 /PRNewswire/ -- Tahoe Resources Inc. ("Tahoe") (TSX, BVL: THO, NYSE: TAHO) and Lake Shore Gold Corp. ("Lake Shore Gold") (TSX: LSG) are pleased to announce that they have entered into a definitive agreement (the "Arrangement Agreement") whereby Tahoe will acquire all of the issued and outstanding shares of Lake Shore Gold (the "Transaction"). Under the terms of the Arrangement Agreement, all of the Lake Shore Gold issued and outstanding common shares will be exchanged on the basis of 0.1467 of... More