Divestiture • Metals/Mining

Renegade Gold Acquires Newman Todd Project

On December 31, 2020, Renegade Gold acquired metals/mining company Newman Todd Project from Heliostar

Acquisition Context
  • This is Renegade Gold’s 1st transaction in the Metals/Mining sector.
  • This is Renegade Gold’s 1st transaction in Canada.
  • This is Renegade Gold’s 1st transaction in British Columbia.

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M&A Deal Summary

Date December 31, 2020
Target Newman Todd Project
Sector Metals/Mining
Buyer(s) Renegade Gold
Sellers(s) Heliostar
Deal Type Divestiture

Target Company

Newman Todd Project

Vancouver, British Columbia, Canada
Newman Todd Project is a provider of mineral properties based in Canada.
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Buyer Overview 1

Buyer

Renegade Gold

Vancouver, British Columbia, Canada

Category Company
Founded 2005
Sector Oil/Gas Exploration
DESCRIPTION

Renegade Gold is engaged in business of acquisition, exploration and development of mineral properties. Renegade Gold was founded in 2005 and is based in Vancouver, British Columbia.


Deal Context for Buyer #
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: 2020 1 of 1

Seller Profile 1

SELLER

Heliostar

Vancouver, British Columbia, Canada

Category Company
Founded 1983
Sector Metals/Mining
Revenue 37M USD (2025)
DESCRIPTION

Heliostar is a 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 Context for Seller #
Overall 2 of 2
Sector: Metals/Mining 2 of 2
Type: Divestiture 2 of 2
State: British Columbia 1 of 1
Country: Canada 1 of 1
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-02 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.

Sell -