Mergers & Acquisitions

GoldMining to Acquire Yarumalito Gold Project in Colombia

GoldMining to Acquire Yarumalito Gold Project in Colombia PR Newswire VANCOUVER, Nov. 4, 2019 Highlights: Yarumalito acquisition will further expand GoldMining’s portfolio of gold-copper projects in the Mid Cauca Belt of central Colombia ; Total consideration will be comprised of $1,200,000 , payable in common shares, and $200,000 , payable in cash; The Mid Cauca Belt is host to several multi-million ounce gold deposits including Buritica (Continental Gold Inc.), Titiribi and La Mina (GoldMining), Nuevo Chaquiro (Anglogold Ashanti Limited – B2Gold Corp.) and Marmato (Gran Colombia Gold Corp.); Yarumalito hosts both bulk-tonnage, gold-copper porphyry and high-grade, intermediate sulphidation epithermal systems with six geophysical and geochemical targets identified on the Project; 18,540 m of historic drilling (55 holes) completed on the Project, primarily focused on two targets; and Upon closing, GoldMining intends to engage an independent qualified person to verify historic exploration results and undertake a resource estimate assuming sufficient sampling density, which will be documented in an updated technical report. […]

Stock Analysts

Will Xperi (XPER) Witness Billings Decline in Q3 Earnings?

Xperi Corporation XPER is set to release third-quarter 2019 results on Nov 6, after the bell. Notably, upon introduction of the revenue accounting standard, ASC 606, the company uses billings as a key measure of business progress. The Zacks Consensus Estimate for billings in the to-be-reported quarter is pegged at $90.4 million, indicating year over year decline of 10.1%. […]

Mergers & Acquisitions

GTCR and Mega Broadband Investments Complete Acquisition of Vyve Broadband

GTCR and Mega Broadband Investments Complete Acquisition of Vyve Broadband Acquisition Doubles MBI’s Rural Footprint PR Newswire CHICAGO, Nov. 4, 2019 CHICAGO , Nov. 4, 2019 /PRNewswire/ — GTCR, a leading private equity firm, announced today that it has completed its previously announced acquisition of Vyve Broadband (“Vyve”) through GTCR’s portfolio company Mega Broadband Investments LLC (“MBI”), a partnership with CEO Phil Spencer […]