Steppe Gold acquiring Anacortes Mining to expand into Tres Cruces gold project in Peru
News release
by
Steppe Gold Limited
Toronto
|
May 09, 2023 05:14 AM Eastern Daylight Time
Steppe Gold executive vice president Aneel Warraich joins Natalie Stoberman from the Proactive studios to share details behind the company's agreement to acquire Anacortes Mining and its Tres Cruces gold project in Peru.
Warraich says the acquisition of Anacortes Mining, which is expected to close in June, gives Steppe the opportunity to diversify and double the size of the company. Waraich adds that the all-share transaction allows Anacortes' shareholders to capture value on recovery and the re-rate as a multi-asset, multi-jurisdiction producer.
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