Acquiring Company
Cerrado Gold
Acquired Company
Ascendant Resources
TorontoTorontoOtherMiningMiningMining TechnologyDescription
Cerrado Gold Inc. has successfully completed the acquisition of Ascendant Resources Inc., making Ascendant a wholly owned subsidiary. The acquisition involved the issuance of Cerrado shares to Ascendant shareholders as part of the transaction. Following the arrangement, Ascendant shares will be delisted from the TSX.
Quick answer
Cerrado Gold is acquiring Ascendant Resources, announced May 20, 2025. Cerrado Gold is based in Toronto, Ontario, Canada.
- How much did Cerrado Gold pay for Ascendant Resources?
- The deal value was not disclosed.
- What does Cerrado Gold do?
- Cerrado Gold is a Toronto-based gold production, development, and exploration company focused on gold projects in South America.
- Where are Cerrado Gold and Ascendant Resources based?
- Cerrado Gold is based in Toronto, Ontario, Canada. Ascendant Resources is based in Toronto, Ontario, Canada.
- Who are the decision-makers at Cerrado Gold?
- Fundz holds 1 contact at Cerrado Gold. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Sulliden acquires 48% of Ferrite Resources Polska (June 26, 2025)
- Aura Minerals acquires Bluestone Resources Inc. (June 10, 2025)
Who to call at Cerrado Gold, and when
When Cerrado Gold changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Cerrado Gold raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Ascendant Resources?
Ascendant Resources was acquired by Cerrado Gold, based in Toronto. The deal was reported on May 20, 2025. Cerrado Gold is a Toronto-based gold production, development, and exploration company focused on gold projects in South America. Cerrado Gold is privately held and operates in Other.
When did Cerrado Gold acquire Ascendant Resources?
Cerrado Gold's acquisition of Ascendant Resources was reported on May 20, 2025. Cerrado Gold Inc. has successfully completed the acquisition of Ascendant Resources Inc., making Ascendant a wholly owned subsidiary. The acquisition involved the issuance of Cerrado shares to Ascendant shareholders as part of the transaction. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Ascendant Resources do?
Ascendant Resources is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal. It is privately held, operating in Mining, and is based in Toronto.
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