Coeur Mining, Inc. Acquires Global Royalty Corp. and Creates Coeur Capital
|Areas||Corporate Finance and Securities, Mining and Natural Resources, Tax|
Goodmans represented Coeur Mining, Inc. (“Coeur”) (NYSE: CDE, TSX: CDM) in connection with the acquisition of Global Royalty Corp. (“Global Royalty“), a Vancouver-based company holding precious metals royalty interests in operating mines located in Mexico and Ecuador and the creation of Coeur Capital, Inc., a wholly-owned subsidiary formed to hold Coeur’s existing and future acquired royalty and streaming interests. Total consideration for the transaction which closed on December 13, 2013 was $23.8 million, consisting of $0.3 million in cash and $23.6 million in Coeur common shares.
Coeur is North America’s largest silver producer.