Canadian Mines Mexican Gold Assets

Canadian Mines Mexican Gold Assets

Mexico M&A Canada

Endeavour Silver has agreed to acquire 100% of the El Cubo mine and the Guadalupe y Calvo project in Mexico from Aurico Gold, for $250m. In the deal, Endeavour is to pay $100m cash and issue $100m in shares upon completion of the acquisition. In addition, Endeavour will pay $50m upon the occurrence of certain events over a period of 3 years from the date of acquisition. El Cubo is a 8,144 hectare gold and silver mine 10km from Endeavour’s existing project in the Guanajuato mining district in cen

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial