Miata Metals Corp. finalizes acquisition of 79North Inc. to expand gold exploration portfolio in Suriname
Acquiring Company
Miata Metals
Acquired Company
79North
VancouverTorontoMiningPrecious MetalsMineralMining TechnologyMiningPrecious MetalsMineralMining TechnologyDescription
Miata Metals Corp. successfully completed the acquisition of 79North Inc., gaining a 70% interest in the Sela Creek Gold Project and the Nassau Gold Project in Suriname. This acquisition strategically positions Miata as a multi-asset explorer in Suriname, significantly broadening its asset portfolio and enhancing its potential in the emerging and prolific gold belt.
Quick answer
Miata Metals is acquiring 79North, announced October 17, 2024. Miata Metals is based in Vancouver, British Columbia, Canada.
- How much did Miata Metals pay for 79North?
- The deal value was not disclosed.
- What does Miata Metals do?
- Miata Metals is on a mission to transform Suriname's gold endowment into shared prosperity.
- Where are Miata Metals and 79North based?
- Miata Metals is based in Vancouver, British Columbia, Canada. 79North is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Miata Metals?
- Fundz holds 2 contacts at Miata Metals. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Mining and Precious Metals
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Miata Metals Corp. completes acquisition of 79North Inc. to expand gold exploration portfolio in Suriname (October 22, 2024)
- Sandur Manganese & Iron Ores Limited completes acquisition of Arjas Steel Private Limited to transition to an integrated metals mining company (November 15, 2024)
- Cleveland-Cliffs completes acquisition of Stelco Holdings Inc. to strengthen steel industry presence (November 1, 2024)
- AngloGold Ashanti completes acquisition of Centamin in $2.5B deal to expand global gold mining portfolio, $2.5B (September 10, 2024)
- BHP Group and Lundin Mining progress in acquiring Filo Corp. (TSX:FIL) as Filo (TSX:FIL) Expands Aurora Zone (November 27, 2024)
- Bright East Holding 1 acquires Emirates Gold to drive innovation and global expansion (November 17, 2024)
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Frequently asked
Who acquired 79North?
79North was acquired by Miata Metals, based in Vancouver. The deal was reported on October 17, 2024. Miata Metals is on a mission to transform Suriname's gold endowment into shared prosperity. Miata Metals is privately held and operates in Mining.
When did Miata Metals acquire 79North?
Miata Metals's acquisition of 79North was reported on October 17, 2024. Miata Metals Corp. successfully completed the acquisition of 79North Inc., gaining a 70% interest in the Sela Creek Gold Project and the Nassau Gold Project in Suriname. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does 79North do?
79North Inc. is a mining company with a focus on gold exploration projects in Suriname, South America. It holds interests in the Sela Creek Gold Project and the Nassau Gold Project, which are situated on the Guiana Shield. It is privately held, operating in Mining, and is based in Toronto.
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