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Pan American Silver Corp. completes acquisition from Coeur Mining Inc.

Date closed: 2/10/2017

Value: US$25 million

On February 10, 2017, Pan American Silver Corp. (Pan American) acquired 100% of Coeur Mining, Inc.'s (Coeur) Joaquin project, located in the Santa Cruz province of southern Argentina.

Under the terms of the agreement, consideration paid to Coeur included US$15 million in cash and US$10 million in Pan American stock. Coeur also retained a 2.0% net smelter returns royalty on the Joaquin project.

BLG represented Pan American with a team led by Fred Pletcher that included Melanie Bradley and Julie Bogle.