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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