Victor Soar Investments and Achieve Ample Investments have reached an agreement to sell a 4.5% stake in Wanguo International Mining Group for a purchase consideration of HK$56.4m ($7.21m).

The transaction will involve the sale of 30 million shares priced at HK$1.88 ($0.24) each.

Based in the UK, Victor Soar Investments and Achieve Ample Investments are investment companies, while Wanguo International Mining is a Chinese company engaged in mining, ore processing, and sale of concentrates.

Rupert Resources has reached an agreement to acquire the entire issued and outstanding securities of Northern Aspect Resources for a purchase consideration of C$4.18m ($3.35m).

Under the agreement, Rupert Resources will issue 4,913,466 common shares of the company, priced at C$0.85 ($0.68) a share, to Northern Aspect.

Rupert Resources is engaged in gold exploration and development, while the target company is focused on exploration and mining of mineral properties.

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First Majestic Silver has entered a definitive arrangement to acquire the entire issued and outstanding common shares of Primero Mining.

“The two deals are estimated to be valued at $255m.”

Both companies involved are based in Canada.

The terms of the agreement include the exchange of 0.03325 of First Majestic common share for each Primero common share, equivalent to C$0.30 ($0.23) per Primero common share.

First Majestic has also entered an agreement with Wheaton Precious Metals International (WPM), which holds a silver streaming interest at Primero’s San Dimas silver-gold mine. Under the new agreement, WPM will receive 20,914,590 common shares of First Majestic having an aggregate value of C$151m ($120.35m).

The two deals are estimated to be valued at C$320m ($255.05m).

First Majestic has engaged TD Securities as financial advisor, and McCullough O’Connor Irwin, Dorsey and Whitney as legal advisors, while Primero has engaged Scotia Capital and Rothschild (Canada) as financial advisors and Stikeman Elliott, Millbank, Tweed, Hadley and McCloy as legal advisors for the transaction.

The acquirer company is engaged in silver exploration, while the target company is engaged in gold and silver production.