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New Deal


Announced

Completed

79 Resources completed the acquisition of Buck Gold.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Canada

Majority

Private

Completed

mineral properties

Acquisition

Gold Mining

Domestic

Single Bidder

Synopsis

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79 Resources, a junior mining exploration company, completed the acquisition of Buck Gold, an exploration company. Financial terms were not disclosed. “The acquisition of Buck Gold is transformative for 79 Resources. We are excited for this generational opportunity to acquire such a sizable and highly prospective land package ideally located in a mining friendly jurisdiction. Helicopter-based geophysical work and ground-based follow-up by Buck Gold has defined a number of immediate high-priority targets adjacent to Sun Summit that 79 Resources will move quickly to further explore once the transaction closes,” Steven Feldman, 79 Resources CEO.

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