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Keegan Resources (KGN) and PMI Gold (PMVGF.PK) agree to terminate their merger plans,...

Keegan Resources (KGN) and PMI Gold (PMVGF.PK) agree to terminate their merger plans, saying it was unlikely PMI’s shareholders would approve transactions related to the arrangement. The companies say the termination was not caused by "any differences between the respective boards about valuation issues or on account of any new facts having come to their attention."
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