Via Reuters:

"With 61.37 million Capital Gold shares outstanding, the Timmins Gold offer would value Capital at about $361 million, while the Gammon offer would value it at about $335 million, although those values vary considerably as share prices rise and fall."

ALSO

"Last month, Capital Gold cut off talks with Timmins, apparently bringing the takeover battle to an end, until this week when Sprott Asset Management (SII.TO), considered to be among Bay Street's shrewdest investors, lent its support to Timmins.

Sprott, which has the largest single voting block in Capital Gold with 12.5 percent of the shares, said on Monday it would vote all of its shares in favor of the Timmins offer."