M&A Deal Summary

Li3 Energy Acquires Alfredo Iodine Project

On August 11, 2010, Li3 Energy acquired metals/mining company Alfredo Iodine Project from Pacific Road Capital

Acquisition Highlights
  • This is Li3 Energy’s 1st transaction in the Metals/Mining sector.
  • This is Li3 Energy’s 1st transaction in Chile.

M&A Deal Summary

Date 2010-08-11
Target Alfredo Iodine Project
Sector Metals/Mining
Buyer(s) Li3 Energy
Sellers(s) Pacific Road Capital
Deal Type Add-on Acquisition

Target

Alfredo Iodine Project

Chile
Alfredo Iodine Project is situated in the proximity of the caliche mines, nitrate and iodine manufacturing facilities of SQM and ACF Minera.

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Buyer(S) 1

Buyer

Li3 Energy

Buffalo, New York, United States

Category Company
Sector Metals/Mining
DESCRIPTION

Li3 Energy is an exploration company in the lithium and potassium mining sector. Li3 aims to acquire, develop, and commercialize a significant portfolio of lithium brine deposits in the Americas. Li3 Energy is based in Buffalo, New York.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Chile M&A 1 of 1
Year: 2010 M&A 1 of 1

Seller(S) 1

SELLER

Pacific Road Capital

Sydney, Australia

Investor Investor Investor Investor


Category Private Equity Firm
Founded 2006
PE ASSETS 796M USD
Size Middle-Market
Type Sector Focused
DESCRIPTION

Pacific Road Capital is a private equity manager investing in the global mining industry. PRC provides expansion and buyout capital for mining projects, mining-related infrastructure, and mining services. The Firm's target investment size is US $15 to $40 million. PRC will consider projects located in resource rich areas including Australia, Asia, Africa, and the Americas. PRC's investment horizon is three to five years. Pacific Road Capital was founded in 2006 and is located in Sydney, Australia.


DEAL STATS #
Overall 1 of 6
Sector: Metals/Mining M&A 1 of 6
Type: Add-on Acquisition M&A Deals 1 of 4
Country: Chile M&A 1 of 1
Year: 2010 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-03-29 Carbon Energy

Milton, Australia

Carbon Energy Ltd. is an energy technology provider and services company with expertise in unconventional syngas extraction utilising its proprietary Underground Coal Gasification (UCG) technology. Carbon Energy was established in 2004 and is based in Milton, Australia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-18 Kula Gold

Perth, Australia

Kula Gold is an exploration and evaluation of mineral properties company focuses on the strategic development of its 100%-owned Woodlark Island Gold Project (WIGP), located 600 kilometres east of Port Moresby in Papua New Guinea. Kula Gold was founded in 2007 and is based in Perth, Australia.

Buy -