Inca One Gold has entered a definitive purchase agreement with Equinox Gold to acquire 100% ownership of Anthem United for C$16.3m ($12.4m) in cash and shares.
The company will also acquire approximately $4.2m in historical general sales tax, or ‘Impuesto General a las Ventas’ (IGV), related to the construction of the Koricancha ore processing facility and has agreed to pay Equinox for half of the amount collected.
Go deeper with GlobalData
Anthem United currently holds 90.14% interest in the Koricancha facility in Peru.
Inca One Gold is a mineral resource and mineral processing company, while Equinox Gold is a multi-asset mining organisation.
Both companies are based in Canada.
Thalheimer Brothers has acquired Mega Metals, an India-based company focused on the recycling of titanium turnings and solids.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataUS-based Thalheimer Brothers is primarily engaged in speciality metal processing operations.
Pedro Resources has acquired all of the issued and outstanding shares in Colorado Vanadium, which owns 100% interest in the Graysill property in Colorado, US.
Pedro will issue 11.5 million common shares, priced at $0.20 a share, along with 5.75 million consideration warrants to Colorado’s existing shareholders as part of the deal.
The consideration warrants will entitle the holder to acquire a common share in Pedro, priced at $0.30 a share, within two years of the closure date.
Pedro has also agreed to pay $450,000 to the vendors at the closing date and a further $450,000 on the first anniversary of the deal’s closing, in addition to a 2.5% net smelter royalty.
Pedro Resources is focused on vanadium exploration and development, while Colorado Vanadium is a private company.
Both organisations involved in the transaction are based in Canada.
Pengxin International Mining plans to acquire Agincourt Resources (Singapore) for up to $1.1bn by setting up a special-purpose vehicle in Hong Kong.
Pengxin is a Chinese company that specialises in the international acquisition, exploration, development and marketing of mineral-related properties, while Singapore-based Ahincourt Resources is engaged in the management and operation of the Martabe gold mine in Sumatra, Indonesia.
