Hochschild Mining to Acquire Amarillo Gold Corporation
November 29, 2021
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).
- Buyers
- Hochschild Mining PLC
- Targets
- Amarillo Gold Corporation
- Sellers
- Amarillo Gold Corporation shareholders, Directors and officers of Amarillo (supporting shareholders), 2176423 Ontario Ltd. (Eric Sprott), Baccarat Trade Investments Limited
- Industry
- Energy
- Location
- Ontario, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Alamos Gold Acquires Orford Mining
January 15, 2024
Industrial Services
Alamos Gold Inc. agreed to acquire all issued and outstanding shares of Orford Mining Corporation by way of a court-approved plan of arrangement, consolidating Alamos' existing ~27.5% stake and adding the Qiqavik Gold Project and other Quebec exploration assets to its pipeline. The transaction values the remaining Orford shares at approximately C$16 million in Alamos common shares and gives Alamos 100% ownership of Orford's gold and critical-mineral projects, including Qiqavik, West Raglan interests, the Joutel Properties and Nunavik Lithium.
-
Pan American Silver Completes Acquisition of Yamana Gold
April 27, 2023
Energy
Pan American Silver completed its previously announced acquisition of all issued and outstanding common shares of Yamana Gold, adding four producing mines (Jacobina, El Peñón, Minera Florida and Cerro Moro) and the MARA development project to its portfolio. The transaction was structured alongside the sale of Yamana's Canadian assets (including Canadian Malartic) to Agnico Eagle; Yamana shareholders received a mix of cash, Agnico Eagle shares and Pan American shares.
-
Contango ORE Acquires HighGold Mining Inc.
June 28, 2024
Industrial Services
Contango ORE, Inc. agreed to acquire all issued and outstanding shares of HighGold Mining Inc. by a court-approved plan of arrangement, with HighGold shareholders to receive 0.019 Contango shares per HighGold share (implying ~US$37 million equity value). The arrangement received overwhelming shareholder approval and is expected to close in July 2024, adding HighGold's high-grade Johnson Tract deposit to Contango's Alaska-focused portfolio to materially increase resources and support near-term production growth.
-
Gold Resource Corporation Acquires Aquila Resources Inc.
October 6, 2021
Energy
Gold Resource Corporation (GORO) has entered into a definitive arrangement to acquire all issued and outstanding common shares of Aquila Resources Inc. via a plan of arrangement, with GORO using a wholly-owned subsidiary to effect the all‑stock transaction. The deal provides Aquila shareholders exposure to the combined company's cashflow from GORO's Don David Gold Mine and accelerates financing and development of Aquila's Back Forty Project, creating a multi-jurisdictional precious and base metals producer.
-
Royal Gold Acquires Sandstorm Gold Ltd. and Horizon Copper Corp.
October 20, 2025
Energy
Royal Gold, Inc. completed the previously announced acquisitions of Sandstorm Gold Ltd. and Horizon Copper Corp., issuing approximately 18.6 million shares to Sandstorm shareholders and paying roughly $126 million in cash consideration for Horizon. The transactions increase Royal Gold's scale and diversification in precious metals streaming and royalties; Sandstorm and Horizon have requested delisting of their public shares following closing.
-
AngloGold Ashanti Acquires Augusta Gold Corp.
October 23, 2025
Industrial Services
AngloGold Ashanti plc has completed its acquisition of Augusta Gold Corp., with Augusta Gold shareholders receiving C$1.70 per share. Augusta Gold will become a wholly-owned subsidiary of AngloGold Ashanti, and Augusta Gold expects to be delisted from the TSX and to cease OTCQB quotation.
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.