M&A Deal Summary

AuRico Metals Acquires Kiska Metals

On December 22, 2016, AuRico Metals acquired metals/mining company Kiska Metals for 10M CAD

Acquisition Highlights
  • This is AuRico Metals’ 2nd transaction in the Metals/Mining sector.
  • This is AuRico Metals’ 0th largest (disclosed) transaction.
  • This is AuRico Metals’ 2nd transaction in Canada.
  • This is AuRico Metals’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2016-12-22
Target Kiska Metals
Sector Metals/Mining
Buyer(s) AuRico Metals
Deal Type Add-on Acquisition
Deal Value 10M CAD
Advisor(s) Primary Capital (Financial)
Osler (Legal)

Target

Kiska Metals

Vancouver, British Columbia, Canada
Kiska Metals Corp. is a provider of mental and mining exploration services in Canada.

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Buyer(S) 1

Buyer

AuRico Metals

Toronto, Ontario, Canada
Category Company
Founded 2015
Sector Metals/Mining
Employees20
DESCRIPTION

AuRico Metals, Inc. is a mining royalty and development company. AuRico Metals is developing the Kemess property in British Columbia, Canada; a low-cost brownfield development asset that is host to the feasibility-stage Kemess Underground and preliminary economic assessment level Kemess East projects. AuRico Metals also owns a high-quality, free cash flow generating royalty portfolio which includes a 1.5% net smelter return royalty on the Young-Davidson gold mine in Ontario and a 2.0% NSR royalty on the Fosterville gold mine in Australia.

DEAL STATS #
Overall 2 of 2
Sector (Metals/Mining) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (British Columbia) 1 of 1
Country (Canada) 2 of 2
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-18 Mineral Streams

Canada

Mineral Streams, Inc. is a private company owning a 0.25% NSR royalty on the Williams mine at Barrick Gold Corporation's ("Barrick") Hemlo complex, a 0.5% NSR royalty on Wesdome Gold Mines Ltd.'s ("Wesdome") Eagle River mine, and a 1.5% NSR royalty on Barrick's David Bell property,

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Legal