It's currently haulted but Jaguar Mining (Brazilian Miner) looks to be bought by Shandong Gold Mining(chinese miner). Jag is a $450 million market cap miner and the bid looks to be around $1 billion. JAG is a 2.6% component on the GDXJ (junior mining etf) so this is a pretty big deal. JAG is not a micro-explorer.
JAG is +57% this morning after reports indicate that Shandong Gold Mining is offering $9.30/share in cash for JAG.