Solitario and Ely Gold Enter Into Agreement to Sell Their Interests in the Mt. Hamilton Gold Project for Total Consideration of US$30 Million
DENVER–(BUSINESS WIRE)–Solitario Exploration & Royalty Corp. (NYSE MKT:XPL; TSX:SLR) (“Solitario”) and Ely Gold & Minerals Inc. (TSX.V:ELY) (“Ely Gold”, and together with Solitario, the “Sellers”) are pleased to announce that they have entered into a definitive agreement (the “Agreement”) to sell their combined interests in the Mt. Hamilton gold project (“Mt. Hamilton”) to Waterton Nevada […]
Small miners search for capital as private-equity mining deals slip – The Globe & Mail
Private-equity interest in mining companies has waned, leaving a handful of players to pick through the debris. For two years, private equity was all the rage as the mining industry got hit hard by the plummeting commodity prices. Traditional private-equity firms were looking for distressed assets. Bankers and others tried to establish private-equity shops. But […]
Waterton to Complete Acquisition of Chaparral Gold for C$0.61 per Share. Goldrock Assigns its Rights under Arrangement
Scottsdale, Arizona; Toronto, Ontario; Vancouver, British Columbia / January 27, 2015/ – Chaparral Gold Corp. (“Chaparral”) (TSX: CHL), Waterton Precious Metals Fund II Cayman, LP (“Waterton”) and Goldrock Mines Corp. (“Goldrock”) (TSX-V: GRM) announce an update to the plan of arrangement transaction (the “Arrangement”) that was announced on October 8, 2014. Goldrock has assigned all […]
Private Equity Fields Calls From Miners In Distress – The Globe & Mail
Private equity firms say they are getting inundated with requests for help from small mining companies, underscoring the difficulties miners are facing with the drop in commodity prices. “It’s not only us approaching the people that have the assets we are interested in. They are now coming to us to say, ‘Let’s sit down now. […]
Mining deals a positive sign, but bankers and lawyers still skeptical – The Financial Post
http://business.financialpost.com/2014/10/14/mining-deals-a-positive-sign-but-bankers-and-lawyers-still-skeptical/