Electric Royalties completed the acquisition of Mid-Tennessee Zinc Mine from Globex Mining for $28.85m.

Synopsis

Electric Royalties, a royalty investment company, completed the acquisition of Mid-Tennessee Zinc Mine from Globex Mining, an exploration company, for $28.85m.

Principals

target

Globex (mid-tennessee Zinc Mine)

bidder

Electric Royalties

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Market Context

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Bidder Team (2)

roger taplin

Partner at McCarthy Tetrault

Lawyer

bidder

Deals

£ 16.37 B

Total Value

brendan yurik

Founder, CEO and Director at ELECTRIC ROYALTIES

Manager

bidder

Deal

£ 22 M

Total Value

Vendor Team (1)

jack stoch

President & CEO at GLOBEX MINING ENTERPRISES

Manager

vendor

Deal

£ 22 M

Total Value

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