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New Deal


Announced

New Gold completed the acquisition of a 15% stake in Talisker Resources for $14m.

Financials

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Transaction Value£9m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For15%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

Pending

Acquisition

Domestic

gold miner

Single Bidder

Private

Friendly

Gold Mining

Minority

Synopsis

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New Gold, a Canadian mining company, completed the acquisition of a 15% stake in Talisker Resources, a gold miner, for $14m. New Gold is acquiring the purchased shares for investment purposes. Depending on market conditions and other factors, New Gold may, from time to time, acquire additional common shares or other securities of Talisker or dispose of some or all of the common shares or other securities of Talisker that it owns at such time.

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