Top 10 Metals, Minerals and Mining Capital Raises in the U.S. – November 1st-15th, 2024
Several interesting transactions closed in the Metals, Minerals and Mining sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.
Buyout/LBO
- Iron Oak Energy Solutions, operator of a premier frac sand mining company delivering superior products and solutions to diversified oil and natural gas markets across North America, acquired by Black Mountain Sand, via its financial sponsors NGP Energy Capital Management and Rice Investment Group, through an LBO.
Merger/Acquisition
- Copper Peak Metals, operator of gold and copper assets based in Vancouver, British Columbia, acquired by GoldHaven Resources for CAD 359,100.
- Florida Canyon Gold, engaged in the exploration, development and production of gold and silver mineral deposits in the United States, the State of Nevada, and in Mexico, acquired by Integra Resources for CAD 95 million.
- Kaboomracks, provider of a bitcoin mining equipment brokerage services intended to help clients maximize their mining operations and ensure the longevity of their equipment, acquired by A.R.T. Digital Holdings.
- NewOrigin Gold, to stake or acquire early-stage, under-explored precious metals properties in prospective mining camps, acquired by Harfang Exploration.
- Tilt Cove Gold, operator of a 4,175 hectares of gold project based in Baie Verte, Newfoundland, acquired by FireFly Metals for an estimated CAD 4.07 million.
PIPE
- Cassiar Gold, focused on the district-scale Cassiar Gold Property in northern BC, Canada, received CAD 777,300 of development capital.
- CopperEx Resources, copper and gold exploration company focused on porphyry Cu Au exposure in Chile and Peru on world class mineral belts between producing mines with three highly prospective properties, received CAD 545,000 of development capital from investors.
- Core Nickel, engaged in developing the Nickel Properties, received CAD 579,875 of development capital from investors.
Grant
- pH7 Technologies, developer of an economical and sustainable process intended to extract platinum group metals from primary and secondary resources and waste materials, received $1.5 million of grant funding from Government of Canada.
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Tina Vital
Managing Director
Extensive career in engineering and investment banking focused on debt and equity transactions for infrastructure, energy, metals & mining, cleantech/waste management and other technology-based industries. Began engineering career with Exxon. Began Wall Street career at Citibank. Frequent guest on global financial news shows and the author of numerous engineering and energy finance publications. Previously served as Secretary-Treasurer and Executive Board Member for the United States Association of Energy Economics (USAEE); and Advisory Board Member for the International Pittsburgh Coal Conference. MBA from Carnegie Mellon University. ABD-PhD Chemical Engineering from the University of Massachusetts at Amherst. MS in Chemical Engineering from Lehigh University. BS in Biochemistry, Chemistry and Biology from the University of Pittsburgh. FINRA Series 7, 63 and 79 licensed.
- tvital@castleplacement.com
- (917) 432-8474
 Tina VitalManaging Director |
Please contact me if you have any questions or would like to discuss your capital raise:
Email: tvital@castleplacement.com
(C) (917) 432-8474
Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.
