M&A Deal Summary

Visionary Copper and Gold Mines Acquires Headway Project

On November 14, 2018, Visionary Copper and Gold Mines acquired metals/mining company Headway Project

Acquisition Highlights
  • This is Visionary Copper and Gold Mines’ 1st transaction in the Metals/Mining sector.
  • This is Visionary Copper and Gold Mines’ 1st transaction in Canada.
  • This is Visionary Copper and Gold Mines’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2018-11-14
Target Headway Project
Sector Metals/Mining
Buyer(s) Visionary Copper and Gold Mines
Deal Type Add-on Acquisition

Target

Headway Project

British Columbia, Canada
Headway Project which hosts the high-grade Headway Deposit, located adjacent to the world-class Brunswick No 12 Mine in the Bathurst Mining District of New Brunswick. The Project contains a high-grade zinc-lead-copper-silver deposit located along the prolific ‘Brunswick Horizon’ where limited historic near-surface drilling delineated the deposit to a depth of 160m. The Project shares a property boundary and similar geology with Glencore’s Brunswick No 12 mine, previously the world’s largest underground zinc mine, where production totaled 137 million tons grading 8.74% Zn, 3.44% Pb, 0.37% Cu, and 102 g/t Ag from 1964-2013.

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Buyer(S) 1

Buyer

Visionary Copper and Gold Mines

Vancouver, British Columbia, Canada

Category Company
Founded 2011
Sector Metals/Mining
DESCRIPTION

Visionary Copper and Gold Mines is advancing its portfolio of zinc rich deposits located in established canadian mining jurisdictions. Callinex was founded in 2011 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
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2018 M&A 1 of 1