trending Market Intelligence /marketintelligence/en/news-insights/trending/VDGld8M6xlYBLGtXiyqG8g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Semafo acquiring Savary Gold in all-scrip deal

COVID19 Mining Impacts Mining Projects With At Risk Production

Mining Insights Newsletter June 2020

A Decade of Underperformance for Gold Discoveries

State of the Market: Mining Q1-2020


Semafo acquiring Savary Gold in all-scrip deal

Semafo Inc. struck a definitive deal to acquire Savary Gold Corp., which holds around a 75.2% stake in the Karankasso gold project joint venture in Burkina Faso.

Semafo currently owns about a 15.5% interest in Savary and holds warrants that can be exercised to take its interest to 16.48%.

Savary shares will be exchanged on the basis of 0.0336 of a Semafo share for each Savary share held. As part of the agreement, Semafo will issue around 7.26 million shares to Savary shareholders, while Savary will merge with a newly incorporated Semafo unit.

Savary's management, board and significant shareholders are supportive of the proposed merger, according to a March 11 release.

Savary will delist from the TSX Venture Exchange upon deal completion, expected by the end of April.

The transaction will create a district-scale land package of 1,250 square kilometers, with proven exploration and development potential.