Agreement signedAgreed 6 Dec 2024

HCVI /
Greenstone

HCVI and Greenstone Corporation plan business combination

Buy side: HCVI
Buy sideHCVI
Target: Greenstone
TargetGreenstone
Source · 6 Dec 2024Source-verified
Buy side: HCVI
Buy sideHCVI
Target: Greenstone
TargetGreenstone
01 / BuyerHCVI
02 / TargetGreenstone
Source-verified
01

What happened

HCVI, Namib Minerals and Greenstone Corporation entered into a business combination agreement on June 17, 2024. The planned mergers would make Greenstone Corporation a wholly owned subsidiary of Namib Minerals.

The consideration for Greenstone Corporation shareholders is based on $500.0 million, adjusted for estimated indebtedness, cash and filing fees. Greenstone Corporation is an established gold producer with operations focused in Zimbabwe.

02

The source

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01
Source · Original source

HCVI and Greenstone Corporation plan business combination

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03

Timeline

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  1. Also stated

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  2. Published by the source

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