M&A Deal Summary

Fabled Silver Gold Acquires Golden Minerals - Santa Maria Silver-Gold Project

On July 17, 2020, Fabled Silver Gold acquired metals/mining company Golden Minerals - Santa Maria Silver-Gold Project from Golden Minerals

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

M&A Deal Summary

Date 2020-07-17
Target Golden Minerals - Santa Maria Silver-Gold Project
Sector Metals/Mining
Buyer(s) Fabled Silver Gold
Sellers(s) Golden Minerals
Deal Type Divestiture

Target

Golden Minerals - Santa Maria Silver-Gold Project

Chihuahua, Mexico
Golden Minerals Co. - Santa Maria Silver-Gold Project provides an exploration of mineral properties based in Chihuahua, Mexico.

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Buyer(S) 1

Buyer

Fabled Silver Gold

Vancouver, British Columbia, Canada

Category Company
Sector Metals/Mining
DESCRIPTION

Fabled Silver Gold is a development-stage company that engages in the acquisition and exploration of mineral properties. It primarily explores copper deposits and has an option agreement to acquire interests in the ChurchKey property, Toro property, Neil/Ram Creek property, and Ribbon property located within the Omineca mining division, British Columbia, Canada. Fabled Silver Gold is based in Vancouver, Canada.


DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
Country (Mexico) 1 of 1
Year (2020) 1 of 1

Seller(S) 1

SELLER

Golden Minerals

Golden, Colorado, United States

Category Company
Founded 1996
Sector Metals/Mining
Employees194
Revenue 12M USD (2023)
DESCRIPTION

Golden Minerals primarily focused on advancing its El Quevar silver property in Argentina and on acquiring and advancing mining properties in Mexico and Nevada. Golden Minerals was founded in 1996 and is based in Golden, Colorado.


DEAL STATS #
Overall 2 of 2
Sector (Metals/Mining) 2 of 2
Type (Divestiture) 2 of 2
Country (Mexico) 2 of 2
Year (2020) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-06-27 Golden Minerals - Mexican Properties

Mexico

Golden Minerals Co. -Mexican Properties comprises the Velardeña and Chicago mines (currently on care and maintenance), the two processing plants, mining equipment, and other adjacent exploration properties.

Sell $22M