logo
logo

P2 Gold Acquires Ball Creek Claims

Mar 07, 2023over 2 years ago

Acquiring Company

P2 Gold

Acquired Company

Ball Creek Claims

VancouverMineralPrecious MetalsMining

Description

P2 Gold Inc. (“P2” or the “Company”) (TSX-V:PGLD) (OTCQB:PGLDF) reports that it has entered into an agreement (the “Agreement”) with a wholly-owned subsidiary of Orogen Royalties Inc. (“Orogen”), a TSX Venture Exchange (the “Exchange”) listed company, for the acquisition of certain mineral claims (the “Ball Creek Claims”) that comprise the western portion of Orogen’s Ball Creek Property. The Agreement remains subject to Exchange approval.

Company Information

Company

P2 Gold

Location

Vancouver, British Columbia, Canada

About

Description not available

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed