Alpha Copper Corp. to Acquire CAVU Energy Metals Corp. in All-Stock Transaction
August 18, 2022
Alpha Copper Corp. entered a non-binding letter of intent to acquire all issued and outstanding shares of CAVU Energy Metals Corp. in an all-stock transaction (0.7 Alpha shares per CAVU share) that values CAVU at roughly $0.33 per share (≈60% premium). The combined company will consolidate copper-focused exploration assets across British Columbia and the Yukon, subject to due diligence, shareholder and exchange approvals.
- Buyers
- Alpha Copper Corp.
- Targets
- CAVU Energy Metals Corp.
- Industry
- Energy
- Location
- British Columbia, Canada
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Uranium Energy Corp Acquires UEX Corporation
June 13, 2022
Energy
Uranium Energy Corp. (UEC) agreed to acquire all outstanding common shares of UEX Corporation (UEX) via a statutory plan of arrangement, using a share exchange of 0.0831 UEC shares for each UEX share (implied C$0.43 per UEX share, ~50% premium). The deal, expected to close in Q3 2022, combines UEC's U.S. production-ready ISR assets and physical uranium holdings with UEX's Canadian exploration portfolio in Saskatchewan and Nunavut to create a larger North American-focused uranium company.
-
Silvercorp Metals Acquires Adventus Mining
April 26, 2024
Energy
Silvercorp Metals agreed to acquire all outstanding common shares of Adventus Mining by way of a statutory plan of arrangement, with Adventus shareholders receiving 0.1015 Silvercorp shares per Adventus share (implying an ~C$200 million equity value). The deal adds Adventus' advanced El Domo copper‑gold project in Ecuador and broader exploration portfolio, delivering immediate geographic and metal diversification to Silvercorp and enhancing near‑term production optionality.
-
Labrador Uranium Acquires Altius' Labrador Uranium-Copper Projects
February 22, 2022
Energy
Labrador Uranium Inc. acquired a 100% interest in the Central Mineral Belt Uranium-Copper Project and the Notakwanon Uranium Project from Altius Resources Inc. in exchange for 8,000,000 common shares of Labrador Uranium (approximately 16.8% of issued LUR shares) and a 2% gross overriding royalty on the projects. The transaction leaves Altius with an equity stake in Labrador Uranium and a royalty interest while Altius will file an early warning report in connection with the share issuance.
-
Spartan Delta Corp. Acquires Velvet Energy Ltd.
August 31, 2021
Energy
Spartan Delta Corp. closed the previously announced acquisition of Velvet Energy Ltd., a privately held light-oil Montney producer in northwest Alberta, for approximately CAD 751.5 million in cash, shares and assumed net debt. The deal (funded via equity financing, a new five-year term facility and revolver capacity) adds ~20,600 boe/d of production and large Montney acreage, positioning Spartan as a leading Montney oil producer and acreage holder.
-
Precision Drilling Corporation Acquires CWC Energy Services Corp.
September 7, 2023
Oil & Gas
Precision Drilling Corporation has entered into an agreement to acquire all issued and outstanding common shares of CWC Energy Services Corp. for approximately $141 million in total consideration (947,909 Precision shares valued at ~$88M, $14M cash, plus assumption of debt). The acquisition adds 62 marketed service rigs in Canada and 18 marketed drilling rigs (including 11 in the U.S.), and is expected to generate about $20 million of annual operating synergies while supporting Precision's deleveraging plan.
-
Hecla Mining Company Completes Acquisition of Alexco Resource Corp.
September 7, 2022
Energy
Hecla Mining Company completed its acquisition of Alexco Resource Corp., issuing approximately 17.99 million Hecla shares to Alexco shareholders and providing a secured loan facility. The deal also terminated the Wheaton Precious Metals streaming interest at Alexco's Keno Hill property in exchange for Hecla common stock; Hecla said the acquisition will expand its silver production and add the Keno Hill operation in the Yukon to its portfolio.
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.