M&A Deal Summary

Resource Capital Funds Acquires Alloycorp

On August 9, 2016, private equity firm Resource Capital Funds acquired metals/mining company Alloycorp

Acquisition Highlights
  • This is Resource Capital Funds’ 12th transaction in the Metals/Mining sector.
  • This is Resource Capital Funds’ 6th transaction in Canada.
  • This is Resource Capital Funds’ 5th transaction in Ontario.

M&A Deal Summary

Date 2016-08-09
Target Alloycorp
Sector Metals/Mining
Buyer(s) Resource Capital Funds
Deal Type Going Private
Advisor(s) Primary Capital (Financial)
Blake, Cassels & Graydon (Legal)

Target

Alloycorp

Toronto, Ontario, Canada
Alloycorp is a privately owned company that wholly owns the Kitsault molybdenum project ("Kitsault"), through the Company's subsidiary Avanti Kitsault Mine Ltd. Kitsault is fully permitted to construction. Alloycorp was founded in 2006 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

Resource Capital Funds

Denver, Colorado, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 5.0B USD
Size Mega
Type Sector Focused
DESCRIPTION

Resource Capital Funds is a private equity firm that targets investments in mining companies across a diversified range of commodities and geographies. The Firm will consider funding development stage opportunities, as well as buyouts of operating assets and distressed situations. Resource can commit as little as $2 million and as much as $75 million per transaction. Resource Capital was formed in 1998 and has offices in Denver, Colorado, and Perth, Australia.


DEAL STATS #
Overall 14 of 37
Sector: Metals/Mining M&A 12 of 29
Type: Going Private M&A Deals 1 of 3
State: Ontario M&A 5 of 8
Country: Canada M&A 6 of 17
Year: 2016 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-04-11 Corvus

Vancouver, British Columbia, Canada

Corvus Gold is a North American gold exploration and development company, focused on its near term gold-silver mining project at the North Bullfrog and Mother Lode Districts in Nevada. Corvus is committed to building shareholder value through new discoveries and the expansion of its projects to maximize share price leverage in an advancing gold and silver market. Corvus was founded in 2010 and is based in Vancouver, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-01-08 Liberty Gold

Vancouver, British Columbia, Canada

Liberty Gold engages in the exploration, and development of mineral properties. The company primarily explores for gold, as well as silver, lead, zinc, copper, and other precious and base metals. Liberty Gold was founded in 2010 and is based in Vancouver, Canada.

Buy -