M&A Deal Summary

Pembridge Resources Acquires Capstone Mining - Minto Mine

On June 4, 2019, Pembridge Resources acquired metals/mining company Capstone Mining - Minto Mine from Capstone for 20M USD

Acquisition Highlights
  • This is Pembridge Resources’ 1st transaction in the Metals/Mining sector.
  • This is Pembridge Resources’ largest (disclosed) transaction.
  • This is Pembridge Resources’ 1st transaction in Canada.
  • This is Pembridge Resources’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2019-06-04
Target Capstone Mining - Minto Mine
Sector Metals/Mining
Buyer(s) Pembridge Resources
Sellers(s) Capstone
Deal Type Divestiture
Deal Value 20M USD

Target

Capstone Mining - Minto Mine

Vancouver, British Columbia, Canada
Capstone Mining Corp. - Minto Mine is an open pit and underground copper-gold-silver mine located in central Yukon, approximately 240 kilometers north of the capital Whitehorse along the Klondike Highway. The Minto mine has been in continuous production since 2007 and is presently the only operating mine in Yukon territory. In excess of US$350 million of capital expenditure has been invested in Minto operations since site construction began some 12 years ago.

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Buyer(S) 1

Buyer

Pembridge Resources

London, United Kingdom
Category Company
Founded 2010
Sector Metals/Mining
Employees107
Revenue 58M USD (2020)
DESCRIPTION

Pembridge Resources is a mining focussed company strategy is to invest in a portfolio of mining projects diversified across the base and precious metals sector. Focus regions will be the Americas, Europe, and sub-Saharan Africa with an emphasis on diversifying across the development cycle (see Investing Policy). Pembridge Resources was founded in 2010 and is based in London, the United Kingdom.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1

Seller(S) 1

SELLER

Capstone

Vancouver, British Columbia, Canada
Category Company
Founded 2009
Sector Metals/Mining
Revenue 1.3B USD (2023)
DESCRIPTION

Capstone engages in the exploration, development, and operation of mineral resource properties. Capstone was founded in 2009 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Divestiture) 1 of 1
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-17 Far West Mining

Vancouver, British Columbia, Canada

Far West Mining Ltd. is a mineral exploration company, engages in the evaluation, acquisition, exploration, and development of mineral properties in Chile and Australia.

Buy $756M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-28 Mantos Copper

Antofagasta, Chile

Mantos Copper is a copper-producing company that engages in the exploration, development, extraction and processing of sulphide and oxide ores and the production and sale of London Market Exchange Grade “A” copper cathodes and clean copper concentrates, with gold and silver by-products from two mining assets, Mantoverde and Mantos Blancos. Mantos Copper is based in Antofagasta, Chile.

Buy -
Mergr

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