Three Gold merger and acquisition (M&A) transactions were announced Monday morning: two friendly and one hostile bid.
Hecla Mining Company (NYSE: HL) has agreed to acquire Klondex Mines Ltd. (NYSE American: KLDX; TSX: KDX) for US $462 million with a mix of cash and shares of Hecla common stock and the spinout newly formed Klondex Canada valued at US $45 million. More >>
Alio Gold Inc. (TSX/NYSE AMERICAN: ALO) has agreed to acquire Rye Patch Gold Corp. (TSX-V: RPM; OTCQX: RPMGF; FSE: 5TN) in an all-stock transaction valued at $128 million. More >>
Anaconda Mining Inc. (TSX: ANX) has announced intention of making a formal offer to acquire all of the issued and outstanding common shares of Maritime Resources Corp. (TSX-V: MAE) for consideration of 0.364 of a common share of Anaconda in exchange for each Maritime share valued at $0.14 per Maritime share. More >>