Amarillo Gold Corp.

Amarillo Gold Corp. in its acquisition by Hochschild Mining PLC

Client

Amarillo Gold Corp.

Value

$164.5 million

Service

Mergers and Acquisitions

Date Closed

Industry

Mining & Natural Resources

Lead Office

Vancouver

 

On November 29, 2021, Amarillo Gold Corp. announced its acquisition by Hochschild Mining PLC for $164.5 million. The acquisition will create Lavras Gold Corp., a new Brazil-focused exploration company. The transaction will provide Lavras with the Lavras do Sul gold project located in southern Brazil.

Amarillo Gold Corp. is a Toronto-based exploration company focused on its two gold projects located in Brazil, the Posse Gold Project in Mara Rosa and the Lavras do Sul Project in Rio Grande do Sul State.  

Osler, Hoskin & Harcourt LLP advised Amarillo Gold Corp. with a team consisting of Alan Hutchison, Patrick Sullivan, Megan Young, Neil Rosen (Corporate), Alain Fournier, Colena Der, and Alina Khakhuda (Tax).