.
MergerLinks Header Logo

New Deal


Announced

Highlander Silver to acquire the San Luis gold-silver project from SSR Mining for $45m.

Financials

Edit Data
Transaction Value£37m
Consideration TypeContingent Deferred Consideration, Cash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Peru

gold mine

Gold Mining

Acquisition

Cross Border

Majority

Private

Pending

Friendly

Single Bidder

Synopsis

Edit

Highlander Silver, a mineral exploration company, agreed to acquire the San Luis gold-silver project from SSR Mining, a gold, silver, copper, lead and zinc producer, for $45m. “We are delighted to be bringing the high-grade San Luis gold-silver project into our portfolio, and are very impressed by the size and grade of the historical resource contained within the Ayelen and Ines vein structures. We believe this deposit may be one of the highest-grade gold-silver deposits of its size that is yet to be mined in the world. Additionally, there may be exceptional growth and discovery potential on this large, but only partially prospected and explored property. There are numerous compelling exploration targets based on previous field mapping and rock chip sampling, and we believe that the district has potential to yield much more. This acquisition has the potential to be transformative for Highlander Silver and aligned with our vision of building a portfolio focused on world-class silver gold projects to the benefit of all our stakeholders,” David Fincham, Highlander Silver President and CEO.

Search a database of more than 250,000 verified dealmakers

Receive automated updates on global transactions

Follow the activity, relationships and transactions of top dealmakers

No credit card required

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US