Falco Resources Acquires Golden Queen Mining Consolidated Ltd.

Fortuna Silver Mines Acquires Roxgold Inc.

July 2, 2021

Industrial Services

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.

Calibre Mining Acquires Fiore Gold

January 12, 2022

Industrial Services

Calibre Mining Corp. completed a court-approved plan of arrangement to acquire all issued and outstanding common shares of Fiore Gold Ltd., issuing approximately 101.3 million Calibre shares and paying roughly C$10.2 million in cash to former Fiore shareholders. The acquisition gives Calibre 100% ownership of Fiore's Pan Gold Mine, the adjacent advanced-stage Gold Rock project and the past-producing Illipah project in Nevada, plus the Golden Eagle project in Washington State.

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.

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.

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.

Calibre Mining Corp. to Acquire Marathon Gold Corporation

November 13, 2023

Energy

Calibre Mining Corp. entered into a definitive arrangement agreement to acquire all issued and outstanding common shares of Marathon Gold Corporation in a court-approved plan of arrangement. The combination creates an Americas-focused mid-tier gold producer with expected pro-forma annual production of approximately 500,000 ounces (2025–2026E) and fully funds the construction of Marathon’s Valentine Gold Project.