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Trigon Closes Acquisition Of Copper King Extension At Kombat In Namibia

Jun 13, 2023over 2 years ago

Acquiring Company

Trigon

Acquired Company

Copper King Extension

Toronto

Description

Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (“Trigon” or the “Company”) is pleased to announce that it has closed the acquisition of exclusive prospecting licence 8529 (“EPL 8529” or the “Licence”) referred to as the Copper King Extension, as announced on January 30, 2023, which significantly expands its land holding in Namibia. The Licence surrounds Trigon’s Kombat and Gross Otavi projects in the Otavi Mountainland, a region associated with high grade copper and silver mineralization.

Company Information

Company

Trigon

Location

Toronto, Ontario, Canada

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
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