# Teck Resources to acquire AQM Copper for CAD$35M

Teck Resources Limited has entered into a definitive agreement to acquire all outstanding shares of AQM Copper Inc. for CAD$0.23 per share, totaling approximately CAD$25 million to AQM security holders (CAD$35 million total equity value). AQM's main asset is a 30% indirect interest in the Zafranal copper-gold project in Peru.

- Type: Acquisition
- Announced: 2016-11-21
- Where: Zafranal, southern Peru, Peru
- Value: $26.0M (35.0M CAD)
- Status: announced
- Products: copper, gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Teck Resources](https://endata.com/companies/12522.md) (acquirer)
- [AQM Copper Inc.](https://endata.com/companies/16380.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2016/11/21/1351044/0/en/teck-signs-agreement-to-acquire-aqm-copper.html), 2016-11-21: "Teck Resources Limited announced today that it has entered into a definitive agreement to acquire all of the issued and outstanding common shares of AQM Copper Inc."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.