Announced
Completed
Financials
Tags
precious metals
mining
Canada
Majority
Completed
Single Bidder
Platinum and Precious Metals
Friendly
Acquisition
Domestic
natural resources
Privatisation
Public
Synopsis
Royal Gold, a company which provides investors exposure to precious metals without many of the risks of investing in traditional precious metal producers, completed the acquisition of Great Bear Royalties, a precious metals royalty and streaming company, for $152m. “I am pleased to announce the closing of this friendly transaction with Great Bear Royalties Corp. The acquisition provides Royal Gold exposure to Canada’s newest major gold discovery, the Great Bear Project, and furthers our strategic objective of acquiring quality, long lived assets with excellent operators in favorable jurisdictions," Bill Heissenbuttel, Royal Gold President and CEO.
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