M&A Deal Summary

Strategic Resources Acquires Aurion Resources - Silasselkä Project

On April 24, 2019, Strategic Resources acquired metals/mining company Aurion Resources - Silasselkä Project from Aurion Resources

Acquisition Highlights
  • This is Strategic Resources’ 2nd transaction in the Metals/Mining sector.
  • This is Strategic Resources’ 2nd transaction in Finland.

M&A Deal Summary

Date 2019-04-24
Target Aurion Resources - Silasselkä Project
Sector Metals/Mining
Buyer(s) Strategic Resources
Sellers(s) Aurion Resources
Deal Type Divestiture

Target

Aurion Resources - Silasselkä Project

Finland
Aurion Resources Ltd. - Silasselkä Project is located in northern Finland, approximately 190 km north of Rovaniemi and 850 km north of Helsinki.

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Buyer(S) 1

Buyer

Strategic Resources

Vancouver, British Columbia, Canada

Category Company
Sector Metals/Mining
DESCRIPTION

Strategic Resources, Inc. is a Vancouver, Canada based mineral exploration and development company that will be focused on vanadium projects.


DEAL STATS #
Overall 2 of 2
Sector: Metals/Mining M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Finland M&A 2 of 2
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-04-24 Magnus Minerals - Akanvaara Project

Tampere, Finland

Magnus Minerals Ltd. - Akanvaara Project is located in northern Finland, approximately 130 km north-east of Rovaniemi and 780 km north of Helsinki.

Buy -

Seller(S) 1

SELLER

Aurion Resources

St. John’s, Newfoundland, Canada

Category Company
Founded 2006
Sector Metals/Mining
DESCRIPTION

Aurion Resources is a Canadian exploration company generates or acquire early stage precious metals exploration opportunities and advance them through business partnerships or joint venture arrangements. Aurion Resources was founded in 2006 and is based in Saint John's, Newfoundland.


DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Finland M&A 1 of 1
Year: 2019 M&A 1 of 1