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  5. Candelaria Acquires Minera Apolo S.A. de C.V.

M&A Deal Summary

Candelaria Acquires Minera Apolo S.A. de C.V.

On June 5, 2017, Candelaria acquired metals/mining company Minera Apolo S.A. de C.V.

Acquisition Highlights
  • This is Candelaria’s 1st transaction in the Metals/Mining sector.
  • This is Candelaria’s 1st transaction in Mexico.

M&A Deal Summary
Date 2017-06-05
Target Minera Apolo S.A. de C.V.
Sector Metals/Mining
Buyer(s) Candelaria
Deal Type Add-on Acquisition

Target

Minera Apolo S.A. de C.V.

San Luis Potosí, Mexico
Minera Apolo S.A. de C.V. holds several mining properties consisting of 65 claims over approximately 20,475 hectares in the states of Zacatecas, Durango and San Luis Potosi, Mexico. The properties consist of the Pinos district, Lucifer, KM66, Guandalcazar, Cascabel, El Gato and the Tailing Noria.

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Buyer(S) 1

Buyer

Candelaria

Vancouver, British Columbia, Canada
Category Company
Founded 2012
Sector Metals/Mining
DESCRIPTION

Candelaria is a gold development and exploration company with significant upside in a portfolio of projects in Mexico. Candelaria is advancing its flagship project, Caballo Blanco, through technical studies with the goal of bringing the project to production. Candelaria was founded in 2012 and is based in Vancouver, Canada.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Mexico M&A 1 of 1
Year: 2017 M&A 1 of 1
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