Rio Tinto Proposes C$43/Share Buyout of Turquoise Hill Resources

Yintai Gold Co., Ltd Acquires Osino Resources Corp. for C$368 Million

February 25, 2024

Energy

Yintai Gold Co., Ltd will acquire all outstanding common shares of Osino Resources Corp. for C$1.90 per share, valuing Osino at approximately C$368 million in an all-cash plan of arrangement. The transaction, which includes a concurrent US$10 million loan to Osino and reimbursement of a termination fee, is subject to shareholder, court and regulatory approvals and is expected to close in H1 2024.

McEwen Mining Acquires Timberline Resources

April 16, 2024

Energy

McEwen Mining Inc. has entered into a definitive agreement to acquire all outstanding shares of Timberline Resources Corporation in an all-share merger. The deal will expand McEwen's portfolio of development and exploration projects in Nevada; Timberline shareholders will receive 0.01 of a McEwen share per Timberline share, implying a transaction value of roughly US$18.8 million (excluding McEwen’s existing ownership).

Gold Fields to Acquire Osisko Mining for C$2.16 Billion

August 12, 2024

Energy

Gold Fields Limited, through a 100% owned Canadian subsidiary, agreed to acquire all issued and outstanding common shares of Osisko Mining Inc. for C$4.90 per share in an all-cash transaction valued at approximately C$2.16 billion, representing a ~55% premium. The deal (plan of arrangement) consolidates Gold Fields’ ownership of the advanced-stage Windfall gold project and is expected to close in Q4 2024 subject to customary court and regulatory approvals.

Canadian Natural Resources Acquires Tourmaline Oil Corp

January 14, 2026

Oil & Gas

Canadian Natural Resources Ltd. has acquired Tourmaline Oil Corp for approximately $800 million, consolidating a major natural gas producer into its portfolio. The deal brings Tourmaline’s Calgary-headquartered natural gas assets and production into Canadian Natural’s operations to expand scale, capabilities and market access across North America and international markets.

Wyloo Metals Agrees to Acquire Noront Resources for C$1.10 per Share

December 22, 2021

Industrial Services

Wyloo Metals (through Wyloo Canada) entered into a binding arrangement agreement to acquire up to all outstanding common shares of Noront Resources Ltd. for C$1.10 per share via a statutory plan of arrangement. The deal, supported unanimously by Noront's board, follows BHP waiving its right to match and includes a loan to Noront to cover transaction-related costs and a termination fee paid to BHP.

Hochschild Mining to Acquire Amarillo Gold Corporation

November 29, 2021

Energy

Hochschild Mining PLC has agreed to acquire all outstanding shares of Amarillo Gold Corporation in a court-approved plan of arrangement. Amarillo shareholders will receive C$0.40 cash per share plus one share of a newly formed Lavras SpinCo (capitalized with C$10 million) that will hold Amarillo's Lavras do Sul project; the total transaction value is approximately C$164.5 million (excluding Lavras SpinCo assets).