M&A Deal Summary

Tahoe Resources Acquires Lake Shore Gold

On February 8, 2016, Tahoe Resources acquired metals/mining company Lake Shore Gold

Acquisition Highlights
  • This is Tahoe Resources’ 3rd transaction in the Metals/Mining sector.
  • This is Tahoe Resources’ 3rd transaction in Canada.
  • This is Tahoe Resources’ 1st transaction in Ontario.

M&A Deal Summary

Date 2016-02-08
Target Lake Shore Gold
Sector Metals/Mining
Buyer(s) Tahoe Resources
Deal Type Add-on Acquisition
Advisor(s) BMO Capital Markets (Financial)
Cassels (Legal)

Target

Lake Shore Gold

Toronto, Ontario, Canada
Lake Shore Gold is a Canadian-based gold producer that is generating net free cash flow from its wholly-owned operations in the Timmins Gold Camp. The Company produces gold from two mines, Timmins West and Bell Creek, with material being delivered for processing to the Bell Creek Mill. In addition to current operations, the Company also has a number of highly prospective projects and exploration targets, all located in and around the Timmins Camp.

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Buyer(S) 1

Buyer

Tahoe Resources

Reno, Nevada, United States

Category Company
Sector Metals/Mining
Revenue 734M USD (2017)
DESCRIPTION

Tahoe Resources, Inc. is an operator of precious metals mines, to pay significant shareholder dividends and to grow by developing long-term, low-cost assets in the Americas. Tahoe Resources is based in Reno, Nevada.


DEAL STATS #
Overall 3 of 3
Sector (Metals/Mining) 3 of 3
Type (Add-on Acquisition) 2 of 2
State (Ontario) 1 of 1
Country (Canada) 3 of 3
Year (2016) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-09 Rio Alto Mining

Vancouver, British Columbia, Canada

Rio Alto Mining Ltd. is a mid-tier gold producer focused on optimizing production, exploration and if appropriate, making further acquisitions of precious metal properties in low risk regions of the Americas. Rio Alto Mining Ltd. was founded in and is based in was founded in 1987 and is based in, British Columbia.

Buy -