Fortuna Silver Mines Acquires Roxgold Inc.
July 2, 2021
Fortuna Silver Mines completed a court-approved arrangement to acquire all issued and outstanding shares of Roxgold Inc., with Roxgold becoming a wholly-owned subsidiary of Fortuna. The transaction issued 0.283 Fortuna shares and C$0.001 in cash per Roxgold share and creates a larger, growth-oriented intermediate gold and silver producer with expanded presence in the Americas and West Africa.
- Buyers
- Fortuna Silver Mines Inc.
- Targets
- Roxgold Inc.
- Sellers
- Roxgold shareholders
- Industry
- Industrial Services
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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