Parties
Company
Corvus
Company
AngloGold Ashanti
Company
BMO Capital Markets
On January 18, 2022, Corvus Gold Inc. and AngloGold Ashanti Limited completed a plan of arrangement under the Business Corporations Act (British Columbia) pursuant to which AngloGold Ashanti acquired the remaining 80.5 percent of Corvus common shares not already owned by AngloGold Ashanti (and its subsidiaries) at a price of $4.10 per common share in cash. The acquisition of the remaining 80.5 percent raised the total equity value of Corvus shares to $570 million.
Deal Type
Merger & AcquisitionIndustry
MiningTransaction
$ 570,000,000Deal Status
ClosedClosing Date
18 January 2022