MergerLinks’ Post

Nothing personal, just business! Is it even legal on the TSX? ---------------------------------------------------------------- China’s Yintai Gold to buy Canadian gold explorer Osino for $272 million Reuters, February 25, 2024 (https://lnkd.in/e2JxMhx8) ---------------------------------------------------------------- "China-based Yintai Gold on Sunday said it will acquire Canadian gold exploration firm Osino Resources in an all cash deal for C$368 million ($272.53 million). Osino will end its C$287 million deal with Canadian gold miner Dundee Precious Metals, which was announced in December, and Yintai also will pay a $10 million termination fee for the deal, according to the statement."

Santacruz Silver Mining Ltd (TSX-V:SCZ, OTC:SZSMF) recently saw its financial flexibility increase as it reported a stronger balance sheet by the end of the first quarter of 2024. The company processed 470,749 tonnes of material, producing 4,478,122 silver equivalent ounces, and generated $52.59 million in revenue despite a $215,000 adjusted EBITDA loss. What’s more, Santacruz successfully restructured its debt with Glencore, further bolstering its financial position. In this Q&A interview, Arturo Préstamo, executive chairman of Santacruz Silver Mining, discusses the company's recent first-quarter production numbers, the challenges they faced, and their promising outlook for the rest of the year. Préstamo elaborates on the significant steps Santacruz has taken to reinforce its balance sheet through a strategic debt restructuring deal with Glencore, as well as the positive impact of current metal price trends on their... More at #Proactive #ProactiveInvestors http://ow.ly/b45e105w212

Guanajuato Silver Company Ltd (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF), a growing gold and silver producer with operations in Mexico, is pleased to announce the complete repayment of its US$7,500,000 silver and gold pre-payment facility to Swiss-based precious metals trading firm, OCIM Metals & Mining S.A. ("OCIM") James Anderson, Chairman and CEO, said, "Our rapid transition to producer status was made possible by OCIM; they provided the initial financing for our acquisition of the El Cubo mine and milling facility. In OCIM, we have been very fortunate to have had a funding partner steadfast in their support of our goals and strategic initiatives during the early days of the Company's emergence into a significant producer of silver and gold in Mexico. The full repayment of this loan frees up significant monthly cashflows, thereby providing Guanajuato Silver with enhanced financial flexibility and a strengthened working capital position as we continue to advance production at our four producing silver mines in Mexico." https://lnkd.in/grWcWRcS #GuanajuatoSilver #GSilver #OCIMMetals #SilverMining #GoldMining #PreciousMetals #MiningNews #MexicoMining #MiningIndustry #SilverProducer #GoldProducer #MiningDiscovery #MiningInvesting #MiningFinance #MiningOperations #ElCuboMine #SilverAndGold #MiningRepayment #MiningGrowth #MiningUpdate

Guanajuato Silver Company Ltd (the "Company" or "GSilver") (TSXV:GSVR)(OTCQX:GSVRF), a growing gold and silver producer with operations in Mexico, is pleased to announce the complete repayment of its US$7,500,000 silver and gold pre-payment facility to Swiss-based precious metals trading firm, OCIM Metals & Mining S.A. ("OCIM") James Anderson, Chairman and CEO, said, "Our rapid transition to producer status was made possible by OCIM; they provided the initial financing for our acquisition of the El Cubo mine and milling facility. In OCIM, we have been very fortunate to have had a funding partner steadfast in their support of our goals and strategic initiatives during the early days of the Company's emergence into a significant producer of silver and gold in Mexico. The full repayment of this loan frees up significant monthly cashflows, thereby providing Guanajuato Silver with enhanced financial flexibility and a strengthened working capital position as we continue to advance production at our four producing silver mines in Mexico." https://lnkd.in/gMAUB69K #GuanajuatoSilver #GSilver #OCIMMetals #SilverMining #GoldMining #PreciousMetals #MiningNews #MexicoMining #MiningIndustry #SilverProducer #GoldProducer #MiningDiscovery #MiningInvesting #MiningFinance #MiningOperations #ElCuboMine #SilverAndGold #MiningRepayment #MiningGrowth #MiningUpdate

#ASXNews Ragnar Metals Ltd diversifies its global mining portfolio into #Gold after agreeing to a strategic investment of $5M in Kaiser Reef Limited (ASX:KAU) to advance the A1 Nova gold production.  #RAG will become the largest shareholder of KAU with circa 16%, receive a 1.5% NSR on gold production from the A1 Nova gold mine for 5 years commencing 1 July 2025, and Steve Formica will become Non-Exec Chair. The A1 Nova Gold Mine produced 11kozAu last financial year. The company also owns the Maldon processing plant, one of Victoria's few permitted modern processing plants.   Placement in #KAU at 15c per share will be completed in 2 Tranches to take place by 18 July 2024.   RAG ASX announcement 🔗 https://bit.ly/3WUMT7l KAU Investor presentation 🔗 https://bit.ly/3KbO76F

Steppe Gold Ltd enters into the Share Exchange Agreement to acquire Boroo Gold, while also selling the Tres Cruces Oxide Project for CAD$12m in cash. This acquisition is expected to deliver immediate, strong cash flows and, the combined operations are set to increase production to 90k oz (pro forma) over the next two years and then to 150k oz annually starting in 2026. Bataa Tumur-Ochir, Chairman and CEO of Steppe Gold Ltd, said “This transaction accelerates our path to a multi-asset Mongolia-focused mining group and, importantly, immediately provides strong cash flow to support our growth plans, further improved with the recent strong gold prices”. Check out the news release here. https://lnkd.in/gCCjKwCM #STGO $STGO #preciousmetals #growthstrategy #mining #investing #Mongolia

Shifting trends in Australian mining M&A Westgold is to acquire all of Karora's issued and outstanding common shares through a statutory plan of arrangement. Karora shareholders will receive 2.524 Westgold fully paid ordinary shares, AU$0.68 in cash and 0.3 of a share in a new company to be demerged from Karora, dubbed SpinCo, for each Karora share held at the closing of the transaction. This equates to about AU$6.60 per Karora share based on Westgold’s April 5 closing share price on the ASX of AU$2.28. https://lnkd.in/g3vZm_ni

Metals Acquisition Limited (ASX:MAC) has dual listed on the ASX with a market value of $1.18 billion, making it one of the largest mining listings on the ASX in more than five years. The miner is focused on operating and acquiring metals and mining businesses in high quality, stable jurisdictions that are critical in the electrification and decarbonisation of the global economy. Metals Acquisition completed its first acquisition from Glencore PLC with the purchase of the CSA copper mine last year, located in regional New South Wales. The CSA mine produces about 40,000 tonnes of copper each year, making it one of Australia’s highest grade copper mines | Investor presentation: https://lnkd.in/gSG4Twjt #MAC #ASX #ASXstocks #stocks #ASXIPO

Navigating the dynamic landscape of junior gold mining, where M&A activities are on the ascent! We are reinitiating coverage on Loncor Gold Inc (TSX: LN) (OTCQX:LONCF) (FSE:LO51) as it strategically divests the Makapela property for C$13.5M, fortifying its financial position to propel the flagship Adumbi gold deposit in the DRC. Loncor's Imbo project, boasting key targets like Adumbi, Kitenge, and Manzako, positions itself strategically, just 220 km from Barrick’s Kibali mine, the largest gold mine in Africa. With mining permits secured, Loncor's Adumbi deposit, hosting a substantial 3.7 Moz gold at 2.4 gpt, unveils promising prospects. A 2021 Preliminary Economic Assessment (PEA) reveals an AT-NPV5% of $600M and an enticing AT-IRR of 25%, utilizing $1,600/oz gold. Trading at a mere 6% of the AT-NPV, Loncor becomes an intriguing prospect, especially as gold prices currently surge at $2,047/oz. Anticipating a production potential of 300+ Koz annually, Adumbi emerges as a potential mid-sized gold mine. Noteworthy shareholders including Resolute Mining Limited/ASX: RSG (21%), Newmont Corporation/NYSE: NEM (5%), and LN’s Executive Chairman (20%) collectively own 46% of Loncor's equity, reflecting strong industry confidence. In the broader context, with a positive outlook on #gold driven by proposed rate cuts and lingering inflation concerns, Loncor positions itself strategically amidst a trend of rising M&A activities in the junior gold sector. Recent transactions, such as Dundee Precious Metals's acquisition of Osino Resources and Zhaojin Mining's acquisition of Tietto Minerals, underscore the robust market. Estimating an average M&A deal price of C$82/oz, Loncor emerges as a standout candidate, given its current shares trading at just C$19/oz. Read our in-depth analysis for free: https://lnkd.in/gYZMiEVd *FRC provides issuer paid coverage. *Past performance is not indicative of future results John Barker, Donat Madilo, Richard Lachcik, Peter Cowley #GoldMining #EquityAnalysis #MergersAndAcquisitions

Reflecting on Mining M&A in 2023: Key Insights At Costmine Intelligence, we tracked M&A activities and capital raisings within the mining sector. As we reflect on the monumental deals of 2023, one standout feature was the prevalence of Canadian companies and properties. Beyond the headline-grabbing Newmont/Newcrest merger, six of the top 10 deals hailed from Canada, showcasing the country's robust presence in the global mining arena. Notably, lead and copper/gold assets emerged as focal points for these acquisitions. Among the Canadian players, Elliott-backed Triple Flag stood out as the sole financial, or streaming and royalty company in the list, underlining diverse investment strategies. Additionally, while not Canadian, Wyloo Metals made significant strides with its portfolio of Canadian properties, underscoring its expansion across commodities and development projects. Learn more about the transformative trends shaping the mining industry in our latest article: https://lnkd.in/gaPxmdUR Newmont Corporation BHP Agnico Eagle Mines Limited Pan American Silver Corp. Metals Acquisition Limited B2Gold Corp. Triple Flag Precious Metals Hudbay Minerals Inc. Wyloo #MiningIndustry #ResourceInvestment #Commodities #EconomicTrends #IndustryAnalysis