M&A Deal Summary

Gold X Mining Acquires PNO Resources

On September 15, 2015, Gold X Mining acquired metals/mining company PNO Resources

Acquisition Highlights
  • This is Gold X Mining’s 1st transaction in the Metals/Mining sector.
  • This is Gold X Mining’s 1st transaction in Canada.
  • This is Gold X Mining’s 1st transaction in British Columbia.

M&A Deal Summary

Date 2015-09-15
Target PNO Resources
Sector Metals/Mining
Buyer(s) Gold X Mining
Deal Type Add-on Acquisition


PNO Resources

Vancouver, British Columbia, Canada
PNO Resources Ltd. is gold mining company.

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Buyer(S) 1


Gold X Mining

Vancouver, British Columbia, Canada


Category Company
Founded 2006
Sector Metals/Mining

Gold X Mining is a junior mining company developing the Toroparu Gold Project in Guyana, South America. Gold X has spent more than US$150 million on the Project to date to both classify 7.35 million ounces of Measured and Indicated and 3.15 M-oz of Inferred Gold Resources[1], develop engineering studies for use in a feasibility study, and define a number of exploration targets around Toroparu on its 53,844 hectare (538 km2) 100% owned Upper Puruni Concession. Gold X Mining was founded in 2006 and is based in Vancouver, British Columbia.

Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2015) 1 of 1