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New Deal


Announced

Completed

Bear Creek Mining completed the acquisition of Mercedes mine in Sonora, Mexico from Equinox Gold for $100m.

Financials

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Transaction Value£75m
Consideration TypeCash, Contingent Deferred Consideration, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Cross Border

silver mining

Single Bidder

Friendly

Mexico

gold mining

Private

Gold Mining

Infrastructure

Completed

Synopsis

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Bear Creek Mining, a junior mining exploration company headquartered in Vancouver, Canada, completed the acquisition of the Mercedes mine in Sonora, Mexico from Equinox Gold, a Canadian mining company, for $100m. "Moving from a development stage company into a precious metals producer is an important step in Bear Creek's evolution," Anthony Hawkshaw, President and CEO.

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