M&A Deal Summary

Intrusion Precious Metals Acquires Platina Resources - Skaergaard Project

On November 27, 2020, Intrusion Precious Metals acquired metals/mining company Platina Resources - Skaergaard Project from Platina Resources

Acquisition Highlights
  • This is Intrusion Precious Metals’ 1st transaction in the Metals/Mining sector.
  • This is Intrusion Precious Metals’ 1st transaction in Australia.

M&A Deal Summary

Date 2020-11-27
Target Platina Resources - Skaergaard Project
Sector Metals/Mining
Buyer(s) Intrusion Precious Metals
Sellers(s) Platina Resources
Deal Type Divestiture

Target

Platina Resources - Skaergaard Project

Mt Hawthorn, Australia
Platina Resources Skaergaard Project is one of the world’s largest undeveloped gold deposits and one of the largest palladium resources outside of South Africa and Russia.

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Buyer(S) 1

Buyer

Intrusion Precious Metals

Vancouver, British Columbia, Canada

Category Company
Founded 2006
Sector Metals/Mining
DESCRIPTION

Intrusion Precious Metals is a junior mining and exploration company that owns a diversified portfolio of exploration properties within some of the most promising precious and base metal deposits worldwide. Intrusion Precious Metals was founded in 2006 and is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2020 M&A 1 of 1

Seller(S) 1

SELLER

Platina Resources

Mt Hawthorn, Australia

Category Company
Sector Metals/Mining
DESCRIPTION

Platina Resources Ltd. is an Australian-based resources company that controls a portfolio of precious, specialty, and base metal projects at various stages of development.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2020 M&A 1 of 1