Announced
Completed
Financials
Tags
Canada
mining
Acquisition
Friendly
Single Bidder
Majority
General Mining
Domestic
Public
Completed
Synopsis
Calibre Mining, a mining company, completed the acquisition of Marathon Gold, a gold company, for $250m. “The combination with Marathon perfectly aligns with Calibre's commitment to building a diversified mid-tier gold producer, focused on quality assets with strong re-rate potential for all shareholders. This transformative merger creates a projected 500k oz gold producer and offers our shareholders diversification and exposure to high-quality, long-life production in a tier-1 jurisdiction,” Blayne Johnson, Calibre Mining Chairman.
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