M&A Deal Summary

Fury Gold Mines Acquires North Country Gold

On June 30, 2015, Fury Gold Mines acquired metals/mining company North Country Gold for 20M USD

Acquisition Highlights
  • This is Fury Gold Mines’ 1st transaction in the Metals/Mining sector.
  • This is Fury Gold Mines’ largest (disclosed) transaction.
  • This is Fury Gold Mines’ 1st transaction in Canada.
  • This is Fury Gold Mines’ 1st transaction in Alberta.

M&A Deal Summary

Date 2015-06-30
Target North Country Gold
Sector Metals/Mining
Buyer(s) Fury Gold Mines
Deal Type Add-on Acquisition
Deal Value 20M USD
Advisor(s) Primary Capital (Financial)
Dentons (Legal)

Target

North Country Gold

Edmonton, Alberta, Canada
North Country Gold Corp. engages in the acquisition, exploration, and development of mineral properties, primarily gold, in Canada.

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Buyer(S) 1

Buyer

Fury Gold Mines

Toronto, Ontario, Canada

Category Company
Founded 2008
Sector Metals/Mining
DESCRIPTION

Fury Gold Mines is a Canadian-focused exploration and development company strategically positioned in three prolific mining regions: James Bay, Quebec; the Golden Triangle, British Columbia; and the Kitikmeot Region Nunavut. Fury Gold Mines was founded in 2008 and is based in Toronto, Ontario.


DEAL STATS #
Overall 1 of 3
Sector (Metals/Mining) 1 of 2
Type (Add-on Acquisition) 1 of 3
State (Alberta) 1 of 1
Country (Canada) 1 of 3
Year (2015) 1 of 1
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-13 Homestake Resource

Vancouver, British Columbia, Canada

Homestake is an exploration stage company, acquires, explores and develops natural resource properties. Company owns a 100 percent interest in the Homestake Ridge project, located in the Kitsault Mineral district in northwestern British Columbia, subject to various royalty interests held by vendors. The project is being advanced as a potential high-grade underground mining operation. To date, 268 holes, totalling 77,845 metres, have been completed on the property by Homestake and multiple exploration targets remain to be tested on the 3,617-hectare property.

Buy $9M