Mercator Minerals completes C$195 million acquisition of Creston Moly Corp.
Date Closed
April 12, 2012
Lead Office
Vancouver
Value
195.00 Million CAD
On April 12, 2011, Vancouver-based Mercator Minerals Ltd. acquired all of the shares of Creston Moly Corp. (owner of Mexico’s largest molybdenum deposit, the El Creston deposit located in the State of Sonora) in a stock and cash deal amounting to C$195 million.
McCarthy Tétrault LLP represented Creston Moly Corp., with a team led by Cameron Belsher.