M&A Deal Summary

SSR Mining Acquires Claude Resources

On March 7, 2016, SSR Mining acquired metals/mining company Claude Resources for 253M USD

Acquisition Highlights
  • This is SSR Mining’s 2nd transaction in the Metals/Mining sector.
  • This is SSR Mining’s largest (disclosed) transaction.
  • This is SSR Mining’s 1st transaction in Canada.
  • This is SSR Mining’s 1st transaction in Saskatchewan.

M&A Deal Summary
Date 2016-03-07
Target Claude Resources
Sector Metals/Mining
Buyer(s) SSR Mining
Deal Type Add-on Acquisition
Deal Value 253M USD
Advisor(s) National Bank Financial (Financial)
Blake, Cassels & Graydon (Legal)

Target

Claude Resources

Saskatoon, Saskatchewan, Canada
Claude Resources, Inc. is a public gold exploration and mining company.

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Buyer(S) 1

Buyer

SSR Mining

Denver, Colorado, United States
Category Company
Founded 1946
Sector Metals/Mining
Employees2,500
Revenue 1.4B USD (2023)
DESCRIPTION

SSR Mining is a mining company focused on the operation, development, exploration and acquisition of precious metal projects. SSR Mining was founded in 1946 and is headquartered in Denver, Colorado.

DEAL STATS #
Overall 2 of 5
Sector (Metals/Mining) 2 of 5
Type (Add-on Acquisition) 1 of 2
State (Saskatchewan) 1 of 1
Country (Canada) 1 of 2
Year (2016) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-24 Newmont Mining Corp - Valmy Property

Nevada, United States

Newmont Mining Corp - Valmy Property is a mining property.

Buy $12M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-22 Puna Operations

Jujuy, Argentina

Puna Operations, Inc. is a joint venture comprised of the Chinchillas mine and the Pirquitas property, which includes the Pirquitas processing facilities.

Buy -
Mergr

Product

Company

Legal