M&A Deal Summary

enCore Energy Acquires Metamin US

On February 8, 2018, enCore Energy acquired metals/mining company Metamin US from Metamin Enterprises for 55M USD

Acquisition Highlights
  • This is enCore Energy’s 1st transaction in the Metals/Mining sector.
  • This is enCore Energy’s largest (disclosed) transaction.
  • This is enCore Energy’s 1st transaction in the United States.
  • This is enCore Energy’s 1st transaction in Arizona.

M&A Deal Summary
Date 2018-02-08
Target Metamin US
Sector Metals/Mining
Buyer(s) enCore Energy
Sellers(s) Metamin Enterprises
Deal Type Divestiture
Deal Value 55M USD

Target

Metamin US

Arizona, United States
Metamin US, Inc. is an own and operator of 13,605 acres of prospective uranium mining properties located in the States of Arizona, Utah and Wyoming, USA, along with drill core, geophysical data, drilling data and equipment related to the properties.

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Buyer(S) 1

Buyer

enCore Energy

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

enCore Energy Corp. is focused entirely on domestic U.S. uranium assets. The Company has a 100% interest, with no holding costs, on 115,000+ acres (46,400 ha) of private mineral rights in New Mexico, including the Crownpoint and Hosta Butte uranium deposits. These deposits contain an Indicated mineral resource of 26.6 MM pounds of U3O8 at an average grade of 0.105% eU3O8 and an Inferred mineral resource of 6.1 MM pounds of U3O8 at an average grade of 0.110% eU3O8.

DEAL STATS #
Overall 1 of 2
Sector (Metals/Mining) 1 of 2
Type (Divestiture) 1 of 2
State (Arizona) 1 of 1
Country (United States) 1 of 2
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-08 Westwater Resources - North American Uranium Business

Centennial, Colorado, United States

Westwater Resources, Inc. - North American Uranium Business engages in the production and exploration of the mining.

Buy -

Seller(S) 1

SELLER

Metamin Enterprises

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

Metamin Enterprises, Inc. is a provider of metal mining services in Vancouver, Canada.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (Arizona) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Size (of disclosed) 1 of 1
Mergr

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