OK, so noobie me used WealthSimple to gamble a few dollars to learn about how the stock market works.

So I bought 36 shares @ .28 cents apiece of some shitty little gold mining company called Argonaut.

Their value shot up to 39 cents yesterday because of news it's being eaten by a slightly bigger fish called Alamos.

Can someone ELI5 what this means?

News release, with stock stuff in it:

https://www.argonautgold.com/English/news-and-events/news-releases/news-release-details/2024/Alamos-Gold-Announces-Friendly-Acquisition-of-Argonaut-Gold/default.aspx

I get the sense that I'm about to be winning, but I'm not sure what to do.