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Bear Creek to buy Mercedes for US$129M

Bear Creek Mining has agreed to buy the Mercedes gold-silver mine in Sonora, Mexico from Equinox Gold in a cash and stock deal valued at about US$129 million.

Bear Creek to buy Mercedes for US$129M Bear Creek to buy Mercedes for US$129M Bear Creek to buy Mercedes for US$129M Bear Creek to buy Mercedes for US$129M Bear Creek to buy Mercedes for US$129M

Equinox Gold's Mercedes in Sonora, Mexico

The junior will pay US$75 million in cash and 24.7 million shares, plus $25 million in cash within six months of closing.