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Goldcorp selling its Los Filos mine and Cerro Blanco project
In separate announcements in mid-January, Goldcorp reported it has entered into agreements to sell its Los Filos gold mine in Mexico to Leagold Mining and its Cerro Blanco gold-silver project in Guatemala to Bluestone Resources. The Los Filos transaction is valued at approximately $438 million, consisting of $279 million in cash (subject to certain closing adjustments), $71 million in Leagold common shares, and tax receivables valued at approximately $88 million. The common shares issued to Goldcorp will represent approximately 30% of the issued and outstanding shares of Leagold.
Goldcorp selling its Los Filos mine and Cerro Blanco project
In separate announcements in mid-January, Goldcorp reported it has entered into agreements to sell its Los Filos gold mine in Mexico to Leagold Mining and its Cerro Blanco gold-silver project in Guatemala to Bluestone Resources. The Los Filos transaction is valued at approximately $438 million, consisting of $279 million in cash (subject to certain closing adjustments), $71 million in Leagold common shares, and tax receivables valued at approximately $88 million. The common shares issued to Goldcorp will represent approximately 30% of the issued and outstanding shares of Leagold.
Goldcorp selling its Los Filos mine and Cerro Blanco project
2017
Aufsatz (Zeitschrift)
Englisch
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