M&A Deal Summary |
|
|---|---|
| Date | 2016-06-21 |
| Target | Colombia Milling |
| Sector | Metals/Mining |
| Buyer(s) | Para Resources |
| Sellers(s) | SAEF Exploration |
| Deal Type | Divestiture |
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Para Resources Inc. is a Gold Mining Company with a focus on South-American Gold Properties. Para owns an operating high-grade gold mine near the town of Zaragoza, Colombia and a gold and copper bearing property about to be permitted near the town of Tucumã in Para State in Brazil. The Company is looking to add additional small scale operating mines to its portfolio to leverage its access to capital its very experienced and qualified management team.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Metals/Mining M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Belize M&A | 1 of 1 |
| Year: 2016 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-05-05 |
Otu Gold
Bermuda Otu Gold Ltd. owns and operates approximately 17,000 hectares located in the Segovia Gold Belt of Northeast Colombia that are located North of 1300000 N including any mining concessions, registered contracts with processing plants and drilling permits already in place. |
Buy | $1M |
SAEF Exploration, Inc. is an exploration stage gold mining and toll milling company.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Metals/Mining M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: Belize M&A | 1 of 1 |
| Year: 2016 M&A | 1 of 1 |
