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  5. Rugby Resources Acquires Proximo Resources

M&A Deal Summary

Rugby Resources Acquires Proximo Resources

On August 24, 2021, Rugby Resources acquired metals/mining company Proximo Resources

Acquisition Highlights
  • This is Rugby Resources’ 1st transaction in the Metals/Mining sector.
  • This is Rugby Resources’ 1st transaction in Australia.

M&A Deal Summary
Date 2021-08-24
Target Proximo Resources
Sector Metals/Mining
Buyer(s) Rugby Resources
Deal Type Add-on Acquisition

Target

Proximo Resources

Brisbane City, Australia
Proximo Resources is actively exploring world-class copper and gold deposits in South America. It is currently focused on our Salvadora, Venidero, and Altiro projects. Proximo Resources is based in Brisbane City, Australia.

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Buyer(S) 1

Buyer

Rugby Resources

Vancouver, British Columbia, Canada
Category Company
Founded 2007
Sector Metals/Mining
DESCRIPTION

Rugby Resources is an exploration stage company that engages in the acquisition, exploration, and development of mineral properties. The company primarily explores gold, silver, and copper deposits. Rugby Resources was formed in 2007 and is based in Vancouver, British Columbia.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Australia M&A 1 of 1
Year: 2021 M&A 1 of 1
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