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  6. Ascot Resources Acquires IDM Mining

M&A Deal Summary

Ascot Resources Acquires IDM Mining

On January 7, 2019, Ascot Resources acquired metals/mining company IDM Mining

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

M&A Deal Summary
Date 2019-01-07
Target IDM Mining
Sector Metals/Mining
Buyer(s) Ascot Resources
Deal Type Add-on Acquisition
Advisor(s) Raymond James - Investment Banking (Financial)
DuMoulin Black
Borden Ladner Gervais (BLG) (Legal)

Target

IDM Mining

Vancouver, British Columbia, Canada
IDM Mining Ltd. is a mineral exploration and development company based in Vancouver, BC, Canada. The Company's current exploration and development activities are focused on precious metals in British Columbia and Yukon with a primary focus on the high grade underground Red Mountain Project which recently entered the BC and Canadian environmental assessment process.

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Buyer(S) 1

Buyer

Ascot Resources

Vancouver, British Columbia, Canada
Category Company
Sector Metals/Mining
DESCRIPTION

Ascot Resources Ltd. is a gold and silver focused exploration company with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2019 M&A 1 of 1
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