Fortuna scooping up Goldrock for US$101M

摘要

Fortuna Silver Mines (TSX: FVI; NYSE: FSM) has been on the lookout for an acquisition in the Americas, and it found a fit in Goldrock Mines (TSXV: GRM; US-OTC: MFMNF) and its wholly owned Lindero gold-porphyry project, 250 km west of the city of Salta in northwestern Argentina. On June 7 the companies announced an all-share deal wherein Fortuna would acquire Goldrock for US$101 million. Lindero is considered "shovel ready," with all major permits in place and an updated feasibility study completed in February.