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  5. Ceylon Graphite Acquires JADS Enterprises

M&A Deal Summary

Ceylon Graphite Acquires JADS Enterprises

On October 11, 2017, Ceylon Graphite acquired metals/mining company JADS Enterprises

Acquisition Highlights
  • This is Ceylon Graphite’s 1st transaction in the Metals/Mining sector.
  • This is Ceylon Graphite’s 1st transaction in Sri Lanka.

M&A Deal Summary
Date 2017-10-11
Target JADS Enterprises
Sector Metals/Mining
Buyer(s) Ceylon Graphite
Deal Type Add-on Acquisition

Target

JADS Enterprises

Sri Lanka
JADS Enterprises (Private) Ltd. is a mining company that has five graphite exploration Grid units (“GRIDs”) and an exploration license in the Malsiripura/Kurunegela region in central Sri Lanka.

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Buyer(S) 1

Buyer

Ceylon Graphite

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

Ceylon Graphite engages in exploring for and development of graphite in Sri Lanka. The Government of Sri Lanka has granted the company exploration rights in a land package of over 100km². These exploration GRIDs (each a square kilometre in area) cover areas of historic graphite production from the early twentieth century, and represent a majority of the known graphite occurrences in Sri Lanka. Ceylon Graphite headquartered in Vancouver, 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
Country: Sri Lanka M&A 1 of 1
Year: 2017 M&A 1 of 1
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