1. Home >
  2. M&A >
  3. Merger >
  4. Canada >
  5. British Columbia >
  6. Aris Mining Acquires Gold X Mining

M&A Deal Summary

Aris Mining Acquires Gold X Mining

On May 11, 2020, Aris Mining acquired metals/mining company Gold X Mining

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

M&A Deal Summary
Date 2020-05-11
Target Gold X Mining
Sector Metals/Mining
Buyer(s) Aris Mining
Deal Type Merger
Advisor(s) BMO Capital Markets (Financial)
Stikeman Elliott (Legal)

Target

Gold X Mining

Vancouver, British Columbia, Canada
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.

Search 215,029 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Aris Mining

Vancouver, British Columbia, Canada
Category Company
Founded 1992
Sector Metals/Mining
Employees1,803
Revenue 511M USD (2024)
DESCRIPTION

Aris Mining is a mid-tier gold producer with its primary focus in Colombia with several mines in operation at its high-grade Segovia Operations. Aris Mining was founded in 1992 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 2
Sector: Metals/Mining M&A 1 of 2
Type: Merger M&A Deals 1 of 2
State: British Columbia M&A 1 of 2
Country: Canada M&A 1 of 2
Year: 2020 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-07-25 Aris Gold

Vancouver, British Columbia, Canada

Aris Gold is a precious metals mining company focused on gold production and development projects in the Americas, primarily Colombia, Guyana, and Canada. Aris Gold is based in Vancouver, British Columbia.

Buy -
Mergr

Solution for

Product

Company

Legal