Klondex completes buy of Nevada mining assets from Waterton
U.S. gold and silver mining company Klondex Mines Ltd (TSX: KDX) (NYSE: KLDX) has closed its previously announced acquisition of Carlin Resources LLC, which holds the Hollister mine, the Esmeralda mine and ore milling complex, and related assets in Nevada. The seller in the deal was Waterton Global Resource Management, a Canadian mining private equity firm. Waterton was paid US$80 million in cash and received Klondex-issued warrants and shares. Waterton acquired the Hollister mine and related assets in a court-supervised auction in mid-2013.
3 October 2016•5 mins read
