eResearch

2025-08-03 Torex Gold to Acquire Prime Mining

Torex Gold to Acquire Prime Mining in $449 Million All-Share Transaction

August 3, 2025 Chris Thompson

Torex Gold Resources has agreed to acquire Prime Mining in an all-share transaction valued at approximately $449 million. The transaction implies an enterprise value of roughly US$322 million and values Prime at about US$108 per gold equivalent ounce based on total Indicated and Inferred resources of approximately 3.0 million ounces. Prime shareholders will receive 0.060 Torex shares per share held and will own about 10.7 percent of Torex following closing. The acquisition adds the Los Reyes gold-silver project in Mexico to Torex’s development pipeline and increases its silver exposure. [more]

Nordstrom Family Leads $6.25 Billion Go Private Deal

December 27, 2024 Chris Thompson

Nordstrom is set to go private in a $6.25 billion deal led by the Nordstrom family and Mexican retail giant Liverpool. Shareholders will receive $24.25 per share, a 42% premium to pre-deal speculation. The move aligns with industry trends, as department stores adapt to online competition and shifting shopping habits. Going private could provide Nordstrom greater flexibility, supported by Liverpool’s expertise in e-commerce and logistics. The deal, expected to close in the first half of 2025, requires shareholder and regulatory approval. Nordstrom will retain its headquarters, management team, and iconic brand identity. [more]

InvestorIntel Video – Tracy Weslosky Interviews Chris Thompson about eResearch Launching Coverage on Terreno Resources

February 22, 2022 Chris Thompson

In this short video, Tracy Weslosky of InvestorIntel interviews Chris Thompson of eResearch about Initiating Coverage on Terreno Resources (TSXV:TNO.H). The 40-page report covers company and investment highlights, and an overview of the silver mining industry in Mexico.
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Terreno - eResearch - Initiation Equity Research Report

NEW INITIATION REPORT on Terreno Resources (TSXV:TNO.H)

January 31, 2022 Chris Thompson

We have written a 40-page Initiation Report on Terreno Resources, a Canadian-based gold & silver exploration and development company that is currently focusing on Las Cucharas Gold and Silver Project in Nayarit, Mexico. Las Cucharas Project is a district-scale exploration project covering over 4,445 hectares and exploration work has identified precious and base metal mineralized zones over an area that is six kilometres long. The project area has documented historical gold & silver production through several small mines that highlight the potential for large-scale exploration and commercial exploitation. We are Initiating Coverage with a Speculative Buy rating and one-year price target of $0.14. [more]

Discovery Metals Announces $35M Private Placement with $15M Investment from Eric Sprott

July 24, 2020 Chris Thompson

The well-funded silver explorer now has C$75M in cash and an M&I resource of 1B oz of Silver equivalent at Cordero. The proceeds will be used primarily to fund continuing exploration program at its Cordero and Coahuila projects in Mexico. [more]

Update Report – July 17: Silver Spruce Resources Inc. (TSXV: SSE)

July 18, 2019 Chris Thompson

eResearch Corporation is pleased to publish our July 17 Update Report on Silver Spruce Resources, with new updates on its flagship property, the gold-silver Pino de Plata project in Mexico, the sale of Kay Mine, and the pending acquisition of an advanced gold project in Mexico. [more]

Update Report – July 12: Silver Spruce Resources Inc. (TSXV: SSE)

July 12, 2019 Bob Weir

eResearch Corporation is pleased to publish our July 12 Update Report on Silver Spruce Resources. Its flagship property is Pino de Plata, a gold-silver project in Mexico. [more]