Pan American Silver Completes Acquisition of Yamana Gold
April 27, 2023
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.
- Buyers
- Pan American Silver Corp., Agnico Eagle Mines Limited
- Targets
- Yamana Gold Inc.
- Sellers
- Yamana Gold Inc., Yamana shareholders
- Industry
- Energy
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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