SLIDESHOW

ACG New York Women of Leadership - Entrepreneur Series
Barbara Bradley Baekgaard, founder of Vera Bradley (Nasdaq: VRA), is the latest in a series of entrepreneurs highlighted at ACG New York Women of Leadership events. Photo credit: Robert Blumenfeld

Watercooler

GTCR, Hormel, the Riverside Co-CEOs and Others Win M&A Mid-Market Awards
Amid a slow and challenging year for dealmaking, the winners of Mergers & Acquisitions’ 7th Annual M&A Mid-Market Awards outpaced the competition to grow, innovate and lead the middle market

Dealmakers

The Buyside:
Disney, Warner Bros. Seek Next-Gen YouTubes

Traditional Hollywood studios such as Disney and Warner Bros. are seeking next-generation YouTube content providers

The Buyside

Activist Investors Dig Into Mid Market
Spurred on by the high-profile success of Carl Icahn and others, a growing crop of firms is looking further downstream

Today's Transactions:
Goldgroup Mining Buys Cerro Prieto Project

Depending on how much gold is produced at the property, the price tag could be up to $19 million

 

Vancouver-based Goldgroup Mining Inc. (TSX: GGA) is buying the Cerro Prieto Project for up to $19 million from Orocco Resource Corp. (TSX: OCO).
The purchase price includes a $4.5 million cash payment and up to $14.5 million in other payments, including those based on future gold produced at the properties.
If the deal doesn’t close by June 30, Orocco will pay Goldgroup a $500,000 break up fee.
Cerri Prieto, based in Sonora State, Mexico, is a gold and silver project. Goldgroup already owns several other gold projects across Mexico, including the Cerro Colorado gold mine in Sonora and the Caballo Blanco project in Veracruz.
Orocco is a mineral exploration and mining company, based in Vancouver, which focuses its business on Mexico.

 

 

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