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New Deal


Announced

Completed

Steppe Gold completed the acquisition of Anacortes.

Financials

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Transaction Value-
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For79%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Canada

a gold company

Gold Mining

Acquisition

Domestic

Majority

Public

Friendly

Single Bidder

Completed

Synopsis

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Steppe Gold, a Mongolia’s premier precious metals company, completed the acquisition of Anacortes, a gold company in the Americas. Financial terms were not disclosed. "This transaction transforms Steppe Gold into a multi asset, multi jurisdiction gold company with existing production and development projects in two of the most exciting and still untapped gold provinces in the world in both Mongolia and Peru. The new combined company will have a potential development profile of over 200k ounces and a resource base of over 4.5 million gold equivalent ounces," Matthew Wood, Steppe Gold Executive Chairman.

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