M&A Deal Summary

NV Gold Acquires Redstar- Exploration Assets

On August 2, 2016, NV Gold acquired metals/mining company Redstar- Exploration Assets from Heliostar

Acquisition Highlights
  • This is NV Gold’s 2nd transaction in the Metals/Mining sector.
  • This is NV Gold’s 2nd transaction in the United States.
  • This is NV Gold’s 2nd transaction in Nevada.

M&A Deal Summary
Date 2016-08-02
Target Redstar- Exploration Assets
Sector Metals/Mining
Buyer(s) NV Gold
Sellers(s) Heliostar
Deal Type Divestiture

Target

Redstar- Exploration Assets

Nevada, United States
Redstar- Exploration assets consist of a 100% interest (less existing NSRs) in 11 exploration projects (the “Projects”) in Nevada, as well as the AngloGold-Ashanti database. The eleven (11) Nevada projects NVX proposes to acquire include both sediment-hosted and volcanic-hosted gold systems on important mineralized trends, including the Carlin Trend, the Cortez Trend and the Walker Lane.

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Buyer(S) 1

Buyer

NV Gold

Vancouver, British Columbia, Canada
Category Company
Founded 2007
Sector Metals/Mining
DESCRIPTION

NV Gold is a Canadian junior exploration company . The company has a proven management team and extensive connections to projects and financing. NV Gold is focused on maximizing shareholder value through acquiring and developing advanced gold projects. NV Gold was founded in 2007 and is based in Vancouver, Canada.

DEAL STATS #
Overall 2 of 3
Sector (Metals/Mining) 2 of 3
Type (Divestiture) 2 of 3
State (Nevada) 2 of 2
Country (United States) 2 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-17 The Afgan-Kobeh Project

Eureka County, Nevada, United States

The Afgan-Kobeh project, comprising an indicated gold resource of 50,000 ounces (1.85 million tons at an average grade of 0.027 oz Au/ton (0.926 g Au/t)) and an inferred gold resource of 34,000 approximately 2,180 acres and consists of 109 unpatented claims.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-13 Magellan Gold - Silver District Project

La Paz County, Arizona, United States

Magellan Gold Corp. - Silver District Project consists of over 2,000 acres of patented and unpatented mining claims and an Arizona state exploration permit, and covers all of the important historic mines and prospects in the Silver District.

Buy -

Seller(S) 1

SELLER

Heliostar

Vancouver, British Columbia, Canada
Category Company
Founded 1983
Sector Metals/Mining
DESCRIPTION

Heliostar is a Vancouver based junior exploration company focused on high-grade gold exploration in North America. In Alaska, the Company is exploring the high-grade 100% owned Unga Project which contains several high grade gold/silver vein systems, two of which. Apollo & Sitka were sites of historically reported high grade gold production. Heliostar Metals was founded in 1983 and is based in Vancouver, Canada.

DEAL STATS #
Overall 1 of 2
Sector (Metals/Mining) 1 of 2
Type (Divestiture) 1 of 2
State (Nevada) 1 of 1
Country (United States) 1 of 1
Year (2016) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-31 Newman Todd Project

Vancouver, British Columbia, Canada

Newman Todd Project is a provider of mineral properties based in Canada.

Sell -
Mergr

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