M&A Deal Summary

Primero Mining Acquires Brigus Gold

On March 5, 2014, Primero Mining acquired metals/mining company Brigus Gold from Cangold for 351M USD

Acquisition Highlights
  • This is Primero Mining’s 3rd transaction in the Metals/Mining sector.
  • This is Primero Mining’s 2nd largest (disclosed) transaction.
  • This is Primero Mining’s 2nd transaction in Canada.
  • This is Primero Mining’s 1st transaction in Nova Scotia.

M&A Deal Summary
Date 2014-03-05
Target Brigus Gold
Sector Metals/Mining
Buyer(s) Primero Mining
Sellers(s) Cangold
Deal Type Add-on Acquisition
Deal Value 351M USD
Advisor(s) Cormark Securities, Inc. (Financial)

Target

Brigus Gold

Halifax, Nova Scotia, Canada
Brigus Gold Corp. engages in the extraction, processing, and refining of gold deposits; and acquisition, exploration, and development of mineral properties principally in North America.

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Buyer(S) 1

Buyer

Primero Mining

Toronto, Ontario, Canada
Category Company
Sector Metals/Mining
Revenue 291M USD (2015)
DESCRIPTION

Primero is a Canadian-based gold mining company with operating mines in Canada and Mexico, and a strong portfolio of development-stage and exploration projects. After a year of production increases, exploration success and management renewal, company look forward to continuing to deliver disciplined growth and long-term shareholder value.

DEAL STATS #
Overall 3 of 3
Sector (Metals/Mining) 3 of 3
Type (Add-on Acquisition) 2 of 2
State (Nova Scotia) 1 of 1
Country (Canada) 2 of 2
Year (2014) 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-05-23 Cerro Resources NL

Fortitude Valley, Australia

Cerro Resources NL is a provider of gold mining services in Australia.

Buy -

Seller(S) 1

SELLER

Cangold

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

Cangold Ltd. is a mining exploration company. Cangold is engaged in the acquisition, exploration, and development of gold projects in Mexico and Canada.

DEAL STATS #
Overall 1 of 1
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Nova Scotia) 1 of 1
Country (Canada) 1 of 1
Year (2014) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-01 Brigus Gold

Halifax, Nova Scotia, Canada

Brigus Gold Corp. engages in the extraction, processing, and refining of gold deposits; and acquisition, exploration, and development of mineral properties principally in North America.

Buy -
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