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,...

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