.
MergerLinks Header Logo

New Deal


Announced

G Mining Ventures to merge with Reunion Gold in a CAD875m deal.

Financials

Edit Data
Transaction Value£514m
Consideration TypeOrdinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium29%
One Off Charge-

Tags

Edit

Canada

gold exploration and development

gold mining

Gold Mining

Public

Acquisition

Majority

Domestic

Merger

Pending

Single Bidder

Friendly

Synopsis

Edit

G Mining Ventures, a mining company engaged in the acquisition, exploration and development of precious metal projects, agreed to merge with Reunion Gold, a Canadian gold exploration and development company, in a CAD875m deal. Through the transaction, GMIN will acquire RGD's flagship Oko West Project located in Guyana, within the Guiana Shield region, one of the most attractive mining jurisdictions in South America. Oko West has emerged as a globally significant gold discovery over the last few years, with excellent potential to become a top tier deposit that could support a large, long-life mine complex to accelerate GMIN's vision of building a leading intermediate gold producer.

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