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Announced

Completed

Triple Flag completed the acquisition of Maverix Metals for $606m.

Financials

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Transaction Value£526m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium10%
One Off Charge-

Tags

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Single Bidder

Australia

Acquisition

Majority

Gold Mining

gold

Domestic

Public

exploring for mineral properties

Friendly

Completed

Synopsis

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Triple Flag, a pure play, gold-focused, streaming and royalty company, completed the acquisition of Maverix Metals, a clean-tech metals recycling company, for $606m. “The merger of Maverix and Triple Flag represents that rare opportunity to combine the best with the best. Since their respective inceptions, roughly 6.5 years ago, both companies have steadfastly stuck to their objectives of building pure play precious metals streaming and royalty companies, while simultaneously exercising prudent financial discipline,” Geoff Burns, Maverix Founder and Chairman.

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