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New Deal


Announced

Hawkeye Systems to acquire Blue Gold International.

Financials

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

Tags

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Friendly

Pending

Private

Majority

mining

Gold Mining

Acquisition

gold mining

Domestic

United States

Single Bidder

Synopsis

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Hawkeye Systems, a technology holding company, agreed to acquire Blue Gold International, an owner and operator of long-life gold mines which it is developing into high quality and sustainable producers of gold. Financial terms were not disclosed. "We are pleased to be reentering the equity capital markets with a primary listing in the US through this transaction with Hawkeye. We actively seek to leverage the equity capital markets at a time of increasing interest in gold, a combination that we believe will also create a strong platform for us to fully develop the proven sulfide resource and the significant unexplored strike," Dan Owiredu, Blue Gold Chief Executive Officer.

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