Canada Fluorspar acquired by Golden Gate Capital
By Antonio Torrisi
Published: Monday, 02 June 2014
By closing the acquisition from the US-based private equity firm, the Canadian junior company will receive enough funding to continue the development of its fluorspar deposit in Newfoundland, Canada.
US-based private equity firm,
Golden Gate Capital, has completed the acquisition of
Canadian junior
Canada Fluorspar for about Canadian dollars (C)$39m
($35.8m*).
This will allow the Canadian company to progress with the
development of its St Lawrence fluorspar project in
Newfoundland, Canada, according to Lindsay Gorrill,...