Explore All 957 Add-on Acquisition Metals/Mining Deals - Search the Database Free
M&A Deal Summary |
|
|---|---|
| Date | March 14, 2018 |
| Target | US Cobalt |
| Sector | Metals/Mining |
| Buyer(s) | Electra Battery Materials |
| Deal Type | Add-on Acquisition |
| Deal Value | 150M CAD |
| Advisor(s) | Fort Capital Partners (Financial) Cassels (Legal) |
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| Category | Company |
|---|---|
| Founded | 2011 |
| Sector | Metals/Mining |
| Employees | 23 |
Electra Battery Materials objective is to build the largest pure-play cobalt exploration and development company in the world. The Company’s primary focus is on its Greater Cobalt Project; over 10,000 hectares of prospective land including over 50 past producing mines, a mill and the only permitted cobalt refinery in North America capable of producing battery materials. Located in the Cobalt Camp in Ontario, Canada. The Company began drilling in the Cobalt Camp in August, 2017. First Cobalt was founded in 2011 and is based in Toronto, Canada.
| Deal Context for Buyer | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Metals/Mining | 1 of 1 |
| Type: Add-on Acquisition | 1 of 1 |
| State: British Columbia | 1 of 1 |
| Country: Canada | 1 of 1 |
| Year: 2018 | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
