i-80 Gold Acquires Getchell Project Owner Osgood Mining from Waterton

April 15, 2021

i-80 Gold Corp., through its wholly owned Delaware subsidiary Premier Gold Mines USA, Inc., completed the acquisition of all membership interests of Osgood Mining Company LLC — owner of the Getchell Project near Winnemucca, Nevada — from affiliates of Waterton Global Resource Management. Consideration included US$23.0 million cash (part of a US$50 million package of cash, shares, warrants and contingent value rights), 13,036,846 common shares, warrants and contingent payments tied to production milestones; i-80 plans an extensive drill program and a PEA for the project.

Buyers
i-80 Gold Corp., Premier Gold Mines USA, Inc.
Targets
Osgood Mining Company LLC (Getchell Project)
Sellers
Affiliates of Waterton Global Resource Management, Inc.
Location
Nevada, United States
Transaction Type
Buyout

Explore More

Related Acquisitions

Track M&A activity that matters to you

Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.