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Brazil-focused Serabi to bolt-on Anfield’s Coringa gold project for $22m

By:  
Creamer Media Deputy Editor: North America
 
GOLD M&A
Dual-listed mining and development company Serabi Gold is looking to double output with the acquisition of the Coringa gold project, located in the Tapajos gold province of Para state, in Brazil. The LSE Aim- and TSX-listed miner announced early on Tuesday morning that it will acquire the outstanding equity and intercompany debt of Chapleau Resources, a subsidiary of Anfield, for about $22-million, spread across several payments.
 
 
 
 
 

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