M&A Deal Summary

Big Ridge Gold Acquires Hope Brook Gold Mine

On April 1, 2021, Big Ridge Gold acquired metals/mining company Hope Brook Gold Mine from First Mining

Acquisition Highlights
  • This is Big Ridge Gold’s 1st transaction in the Metals/Mining sector.
  • This is Big Ridge Gold’s 1st transaction in Canada.
  • This is Big Ridge Gold’s 1st transaction in Newfoundland.

M&A Deal Summary

Date 2021-04-01
Target Hope Brook Gold Mine
Sector Metals/Mining
Buyer(s) Big Ridge Gold
Sellers(s) First Mining
Deal Type Divestiture

Target

Hope Brook Gold Mine

Newfoundland, Newfoundland, Canada
Hope Brook Gold Mine is an operator of an advanced-stage gold and copper project. Hope Brook Gold Mine is based in Newfoundland, Canada.

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Buyer(S) 1

Buyer

Big Ridge Gold

Toronto, Ontario, Canada

Category Company
Founded 1987
Sector Metals/Mining
DESCRIPTION

Big Ridge Gold is a gold exploration and development company that focuses on advancing high-grade gold projects. Big Ridge Gold was founded in 1987 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
State: Newfoundland M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 1 of 1

Seller(S) 1

SELLER

First Mining

Vancouver, British Columbia, Canada

Category Company
Founded 2005
Sector Metals/Mining
Employees21
DESCRIPTION

First Mining is a mineral property holding company whose principal business activity is to acquire high quality mineral assets with a focus in the Americas. First Mining was founded in 2005 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 2 of 2
Sector: Metals/Mining M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
State: Newfoundland M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-03 Tamaka Gold

Toronto, Ontario, Canada

Tamaka Gold Corp. is a gold exploration company. Tamaka Gold is based in Toronto, Ontario.

Sell -