M&A Deal Summary |
|
|---|---|
| Date | 2020-05-11 |
| Target | Spargos Reward Gold Project |
| Sector | Metals/Mining |
| Buyer(s) | Karora Resources |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 2006 |
| Sector | Metals/Mining |
| Employees | 210 |
| Revenue | 416M CAD (2023) |
Karora Resources is a multi-asset mineral resource company focused primarily on the acquisition, exploration, evaluation and development of base metal and precious metal properties. RNC's principal assets are its majority stake in the producing Beta Hunt nickel and gold mine in Western Australia, the Dumont Nickel Project located in the established Abitibi mining camp in Quebec and a 30% stake in the producing Reed Mine in the Flin Flon-Snow Lake region of Manitoba, Canada. Karora Resources was founded in 2006 and is based in West Perth, Australia.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 4 |
| Sector: Metals/Mining M&A | 4 of 4 |
| Type: Add-on Acquisition M&A Deals | 2 of 2 |
| Country: Australia M&A | 3 of 3 |
| Year: 2020 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-04-27 |
VMS Ventures
North Vancouver, British Columbia, Canada VMS Ventures Inc. acquires, explores, develops, and evaluates mineral properties in Canada. The company primarily explores for copper, zinc, gold, and silver deposits. Its principal property is the Reed Lake project located to the southwest of Snow Lake, Manitoba. |
Buy | - |
