Announced
Financials
Tags
Pending
Friendly
Acquisition
Public
Single Bidder
Canada
Gold Mining
exploration and development
Majority
Domestic
Synopsis
Mako Mining, a publicly listed gold mining, development and exploration company, agreed to acquire Goldsource Mines, a Canadian exploration and development company focussed on its 100%-owned Eagle Mountain gold project in Guyana, South America. The holders of common shares of Goldsource will receive 0.2200 of a common share of Mako for each common share of Goldsource held. “This transaction is a true ‘hand-in-glove’ partnership. The scalability of Goldsource's Eagle Mountain is a direct analogue to that of Mako's San Albino mine. Both properties have district-scale potential, with the ability to unlock that potential through cash flow,” Akiba Leisman, Mako Mining CEO.
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