# Leagold Mining to acquire Los Filos gold mine from Goldcorp for $350M

Leagold Mining Corporation entered into a binding agreement to acquire the Los Filos Gold Mine in Guerrero State, Mexico from Goldcorp for US$350 million, consisting of US$279 million in cash and US$71 million in Leagold shares. Goldcorp will become an approximate 30% shareholder of Leagold.

- Type: Acquisition
- Announced: 2017-01-12
- Where: Guerrero State, Mexico, Mexico
- Value: $350.0M
- Status: announced
- Products: gold
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Leagold Mining](https://endata.com/companies/21428.md) (acquirer)
- [Goldcorp](https://endata.com/companies/21429.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/leagold-mining-to-acquire-los-filos-from-goldcorp-as-its-first-gold-mine-610505855.html), 2017-01-12: "Leagold Mining Corporation is pleased to announce that it has entered into a binding sale and purchase agreement with Goldcorp Inc. dated January 11, 2017 to acquire the Los Filos Gold Mine in Guerrero State, Mexico for US$350 million."

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