April 15 (Reuters) - Yamana Gold Inc YRI.TO :
* PRESS RELEASE - YAMANA GOLD ANNOUNCES AGREEMENT TO SELL THE CHAPADA MINE FOR TOTAL CONSIDERATION OVER $1.0 BILLION, DELIVERING SIGNIFICANT IMPROVEMENTS TO THE BALANCE SHEET AND SHAREHOLDER RETURNS
* YAMANA GOLD INC - PROPOSED DEAL FOR OVER $1.0 BILLION.
* YAMANA GOLD INC - YAMANA WILL RECEIVE CASH CONSIDERATION OF $800 MILLION AT CLOSING
* YAMANA - EFFECTIVE APRIL 14, & CONDITIONAL ON CLOSING OF SALE, BOARD HAS APPROVED 100% INCREASE IN ANNUAL DIVIDEND TO $0.04/SHARE
* YAMANA - WITH CLOSING OF SALE IN Q3 2019, ATTRIBUTABLE PRODUCTION FOR 2019 IS EXPECTED TO APPROXIMATE 1 MILLION GOLD EQUIVALENT OUNCES
* YAMANA - 2019 CONSOLIDATED UNIT COSTS EXCLUDING CHAPADA EXPECTED TO BE WITHIN PROVIDED COST RANGES PREVIOUSLY DISCLOSED IN 2019-2021 OUTLOOK
* YAMANA - OPPORTUNITIES IDENTIFIED TO INCREASE HIGHER-MARGIN PRODUCTION FROM EXISTING MINES BY OVER 150,000 GOLD-EQUIVALENT OUNCES/YEAR
* YAMANA - ADVANCING TECHNICAL STUDIES ON AGUA RICA PROJECT, A PORPHYRY-STYLE COPPER-GOLD-MOLYBDENUM-SILVER DEPOSIT IN CATAMARCA PROVINCE, ARGENTINA