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Metals & Mining M&A image Metals & Mining M&A » By The Online Investor Staff, updated Sun., Jul. 12, 10:17 PM Recent mergers and acquisitions in the Metals & Mining M&A category.

Slide #50. Braeval Mining Corporation Oban Exploration Limited

Acquirer: Braeval Mining Corporation (BVL.CA)
Acquiree: Oban Exploration Limited
Details: Braeval Mining Corporation (TSX:BVL) ("Braeval" or the "Company") has entered into a definitive business combination agreement with Oban Exploration Limited ("Oban"), a private company, pursuant to which Braeval will acquire all of the issued and outstanding common shares of Oban pursuant to a three-cornered amalgamation between Oban and a wholly owned subsidiary of Braeval. As a result of the transaction, the holders of Oban common shares will receive 0.914 of a common share of Braeval (on a post consolidation basis) for each Oban common share so held. Following completion of the transaction, the amalgamated company will hold all of Oban's assets and will be a wholly owned subsidiary of Braeval.

Braeval Mining is a junior mineral exploration company engaged in the business of acquiring, exploring and developing precious mineral resources in Colombia, Mexico, Peru, Nicaragua and Honduras.

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Company Name: 
Oban Mining Corp
Sector: 
Precious Metals
 

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