↩ Go Back
Need help?

Gold Mining Company Investment Opportunity in Chicago, United States

Seeking investment: advanced stage of a massive gold-copper porphyry open pit mining in Utah.
This Business is on a Premium Plan
Established 1-5 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Gold Mining
Locations  Chicago
Local Time 9:04 AM America / New York
Listed By Business Owner / Director
Status Active
Overall Rating
Partial Stake Sale
USD 20 million for 44.0% stake (Native Currency: USD 20,000,000)
Reason: An investment company has bought 15% of a USD 300 million open pit gold-copper porphyry in Utah for ... View More
Includes physical assets worth USD 45 million
Interested to connect with advisors
Name, Phone, Email
Not disclosed
Business Name
Available after connect
User Verification
Documents
Catalogue
EIN Certificate
Business Overview

- An investment company has bought a 15% stake in a massive gold-copper porphyry open pit in Utah.

- The investment was acquired to increase the equity through measuring more of the porphyry through drillings.

- This mine is not in operation until a full exploration drilling program is complete to measure the full deposit.

- Business is in the advanced stage of exploration.

- There are 2 underground adits.

- Business has water rights, equipment, and land.

- Infrastructure and permits are in place.

- We have a research and development plant and process.

- Have a data room with over 5,000 files.

- The business is headquartered in Chicago but the mine is in Utah.

- Further details will be shared directly with the investor.

Products & Services Overview

The metals mined will be gold, copper, silver, and molybdenum.

Assets Overview

Physical assets of the business include land, equipment, and infrastructure. Further details will be shared later.

Facilities Overview

Patented land and BLM land of over 8,000 acres in Utah. The land is owned by a family office and an investing company. Further details will be shared later.

Capitalization Overview

- The mining project is privately owned and funded by the family office, with no liabilities.

- 95% of the business is owned by the family office and 5% is owned by staff.

- The investing company has acquired a 15% stake for USD 45 million.

Recent Activity
  • Earlier than 15 days
    Principal, Willemstad, Financial Consultant connected with the Business
  • Earlier than 15 days
    Chief Technical Officer, London, Commercial Real Estate Broker connected with the Business
  • Earlier than 15 days
    Director, Mumbai, M&A Advisor connected with the Business
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct. Note that SMERGERS is not liable for any loss, damage, costs, claims and expenses whatsoever arising from transacting with any other user from the website. The final responsibility of conducting a thorough due diligence and taking the transaction forward lies with the users. Please read best practices on SMERGERS.
Contact Business

5 Investors already contacted this Business.
Register below to connect now!

Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
You might also be interested in these businesses

    Frequently
    Asked
    Questions

    • Why can’t I see the business’ name or contact number? How do I contact the business?
    • What level of due diligence does SMERGERS conduct on the businesses/member?
    • How active are the business profiles listed on SMERGERS?
    • How does SMERGERS rate business profiles?
    • Do I need to pay to connect with a business?
    • Show more