LionGold calls off talks on Minera offer

THE recent volatility in its share price has caused gold miner LionGold Corp to call off talks over a potential offer for Minera IRL, a Latin American precious metals mining company.

In a brief regulatory filing yesterday, mainboard-listed LionGold said it had "ceased all negotiations and discussions in connection with the acquisition and the possible offer of Minera IRL without any liability, whether past or present, to each other".

Minera, which trades in London, Toronto and Lima, made a similar announcement to its shareholders about the end of such talks.