M&A Deal Summary

Lake Shore Gold Acquires Temex Resources

On July 16, 2015, Lake Shore Gold acquired metals/mining company Temex Resources

Acquisition Highlights
  • This is Lake Shore Gold’s 1st transaction in the Metals/Mining sector.
  • This is Lake Shore Gold’s 1st transaction in Canada.
  • This is Lake Shore Gold’s 1st transaction in Ontario.

M&A Deal Summary

Date 2015-07-16
Target Temex Resources
Sector Metals/Mining
Buyer(s) Lake Shore Gold
Deal Type Add-on Acquisition

Target

Temex Resources

Toronto, Ontario, Canada
Temex Resources Corp. is a mineral exploration company, engages in the acquisition and exploration of mineral properties.

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Buyer(S) 1

Buyer

Lake Shore Gold

Toronto, Ontario, Canada

Category Company
Founded 2002
Sector Metals/Mining
DESCRIPTION

Lake Shore Gold is a Canadian-based gold producer that is generating net free cash flow from its wholly-owned operations in the Timmins Gold Camp. The Company produces gold from two mines, Timmins West and Bell Creek, with material being delivered for processing to the Bell Creek Mill. In addition to current operations, the Company also has a number of highly prospective projects and exploration targets, all located in and around the Timmins Camp.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2015 M&A 1 of 1