Red Eagle Mining: Minority Acquisition


Acquisition of minority stake in Red Eagle Mining by STRACON GyM

In July 2015, STRACON GyM acquired a 19.9% stake in Red Eagle Mining, a Canadian junior mining company.

Red Eagle’s main asset is a gold mine in Santa Rosa, Colombia with a potential production of 400,000 oz of gold.

STRACON GyM is a subsidiary of Graña y Montero and was created by the merger between GyM and STRACON in 2011. The company provides mining and land removal services and has operations in Peru and Panama.

EFIC Partners acted as financial advisor to STRACON GyM.