# Centerra Gold to acquire AuRico Metals for C$310M

Centerra Gold agreed to acquire all outstanding equities of AuRico Metals in a friendly C$310-million deal, gaining control of the Kemess property in British Columbia and a royalty portfolio.

- Type: Acquisition
- Announced: 2017-11-07
- Where: Vancouver, Canada
- Value: $242.0M (310.0M CAD)
- Status: announced
- Products: gold, copper
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Centerra Gold](https://endata.com/companies/27913.md) (acquirer)
- [AuRico Metals](https://endata.com/companies/27914.md) (target)

## Sources

- [miningweekly.com](https://www.miningweekly.com/article/centerra-aurico-metals-reveal-c310m-friendly-tie-up-2017-11-07), 2017-11-07: "Centerra is offering C$1.80 a share, representing a 38% premium on AuRico's TSX-listed shares' closing price on Monday."

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