Fortuna Completes Acquisition Of Chesser Resources, Strengthening Its Presence In West Africa
Acquiring Company
Fortuna Silver Mines
Acquired Company
Chesser Resources
AustraliaMiningPrecious MetalsMineralMining TechnologyDescription
Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to confirm the completion of the previously announced acquisition of Chesser Resources Limited (ASX: CHZ) (“Chesser”) (refer to Fortuna news release dated May 8, 2023). Fortuna has acquired 100 percent of the fully paid ordinary shares of Chesser (the “Chesser Shares”) in consideration for 0.0248 of one common share of Fortuna (each whole share, a “Fortuna Share”) for each Chesser Share held. On closing, Fortuna issued 15,545,368 Fortuna Shares in exchange for the Chesser Shares, representing approximately
Quick answer
Fortuna Silver Mines is acquiring Chesser Resources, announced September 21, 2023.
- How much did Fortuna Silver Mines pay for Chesser Resources?
- The deal value was not disclosed.
- What does Fortuna Silver Mines do?
- Fortuna Silver Mines Inc. is a Canadian precious metals mining company with five operating mines in Argentina, Burkina Faso, Côte d’Ivoire, Mexico, and Peru.
- Where are Fortuna Silver Mines and Chesser Resources based?
- Chesser Resources is based in Australia.
Source: Fundz verified event record.
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Who to call at Fortuna Silver Mines, and when
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Frequently asked
Who acquired Chesser Resources?
Chesser Resources was acquired by Fortuna Silver Mines. The deal was reported on September 21, 2023. Fortuna Silver Mines Inc. is a Canadian precious metals mining company with five operating mines in Argentina, Burkina Faso, Côte d’Ivoire, Mexico, and Peru. Fortuna Silver Mines is privately held and operates in Mining.
When did Fortuna Silver Mines acquire Chesser Resources?
Fortuna Silver Mines's acquisition of Chesser Resources was reported on September 21, 2023. Fortuna Silver Mines Inc. (NYSE: FSM) (TSX: FVI) is pleased to confirm the completion of the previously announced acquisition of Chesser Resources Limited (ASX: CHZ) (“Chesser”) (refer to Fortuna news release dated May 8, 2023). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Chesser Resources do?
West Africa’s newest Gold Discovery in Senegal’s Golden Corridor. It is privately held, and is based in Australia.
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