Eskay Mining Corp. to acquire P2 Gold Inc. for Gold and Copper Exploration in Golden Triangle and Nevada
Jun 04, 2024•over 1 year ago
Acquiring Company
Eskay Mining Corp
Acquired Company
P2 Gold
TorontoVancouverOtherMineralPrecious MetalsMiningDescription
Eskay Mining Corp. and P2 Gold Inc. have entered into a non-binding letter of intent for a business combination transaction. Under the terms of the agreement, Eskay will acquire P2 Gold to focus on gold and copper exploration and development in the Golden Triangle area of northwest British Columbia and Nevada.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed