# Aurcana to acquire Ouray Silver Mines in reverse takeover

Aurcana Corp. entered a definitive arrangement agreement to acquire all shares of Ouray Silver Mines in a reverse takeover transaction, with Ouray becoming a wholly-owned indirect subsidiary of Aurcana.

- Type: Acquisition
- Announced: 2018-09-21
- Where: United States
- Status: announced
- Products: silver mining
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Aurcana Corp.](https://endata.com/companies/34448.md) (acquirer)
- [Ouray Silver Mines](https://endata.com/companies/34449.md) (target)

## Sources

- [rohstoff-welt.de](https://www.rohstoff-welt.de/news/309064--Aurcana-Announces-Execution-of-Arrangement-Agreement-for-Previously-Announced-Transformative-Acquisition-and-Reverse-Take-Over-of-Ouray-Silver-Mines.html), 2018-09-21: "Aurcana has entered into a definitive arrangement agreement with LRC-FRSM and LRC-FRSM II pursuant to which Aurcana will effect a business combination and reverse takeover transaction"

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