The gold space has seen some M&A activity in the past week, with one acquisition being announced last Friday and two more coming on Wednesday. Certainly, while the sub-$1,200 gold price might not be pleasing for gold bugs, it appears to be a good time for gold-mining companies and gold juniors alike to pick up assets. First up, Yamana Gold (TSX: YRI,NYSE:AUY) announced plans to acquire Mega Precious Metals (TSXV:MGP) last Friday, causing Mega's share price to increase by 100 percent to $0.09. While Mega holds a number of properties in Manitoba, Nunavut and Ontario, it appears that the company's Monument Bay gold-tungsten project in Manitoba is what attracted Yamana. Monument Bay is the most advanced project in Mega's portfolio, and currently holds 2.1 million ounces at 1.52 g/t gold and 248,000 metric ton units (MTU) of WO3 in indicated resources as well as 0.51 million ounces at 1.58 g/t gold and 95,000 MTU WO3 in inferred resources. Under the terms of the agreement, Yamana will acquire all outstanding shares of Mega for 0.02092 per Yamana share plus C$0.001 per Mega share. All in all, that's total consideration of C$17.5 million for shareholders of Mega. Following that deal, Galane Gold (TSXV:GG) announced plans to acquire privately held Galaxy Gold Mining on Wednesday. Galane operates the Mupane gold mine in Northeastern Botswana, while Galaxy has operations in the Mpumalanga Province of South Africa. Galane has entered binding share purchase agreements with majority shareholders of Galaxy to acquire roughly 78 percent of the company, representing about C$2.4 million. Once that's complete, Galane will make an offer to all other shareholders of the company to acquire all remaining shares of Galaxy.