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  6. TomaGold Acquires Red Metal Resources

M&A Deal Summary

TomaGold Acquires Red Metal Resources

On September 19, 2016, TomaGold acquired metals/mining company Red Metal Resources

Acquisition Highlights
  • This is TomaGold’s 1st transaction in the Metals/Mining sector.
  • This is TomaGold’s 1st transaction in Canada.
  • This is TomaGold’s 1st transaction in Ontario.

M&A Deal Summary
Date 2016-09-19
Target Red Metal Resources
Sector Metals/Mining
Buyer(s) TomaGold
Deal Type Add-on Acquisition

Target

Red Metal Resources

Thunder Bay, Ontario, Canada
Red Metal Resources Ltd. is a US-listed mineral exploration company focused on aggressive growth through acquiring, exploring and developing copper-gold assets in Chile's III Region. Company projects are located in the prolific Candelaria iron oxide copper-gold (IOCG) belt of Chile's coastal Cordillera, host to Freeport McMoRan'sCandelaria Mine and Anglo American's Mantoverde Mine.

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Buyer(S) 1

Buyer

TomaGold

Montreal, Quebec, Canada
Category Company
Sector Metals/Mining
DESCRIPTION

TomaGold is a mining exploration company engaged in the acquisition, assessment, exploration and development of gold mineral properties. TomaGold aims to develop high-grade gold properties with major mining companies. TomaGold is based in Montreal, Quebec.

DEAL STATS #
Overall 1 of 1
Sector: Metals/Mining M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2016 M&A 1 of 1
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