EMX has agreed to acquire all of the outstanding common shares of BULM for a total consideration of $45.8m.
The transaction is expected to close in the second quarter of 2012.
The combined company will hold more than 145 properties on five continents.
The new company will also receive paying 1% gross smelter return royalty on several of Newmont Mining Corporation’s operations and projects on the Carlin Trend in Nevada, US including the Leeville mine and the Four Corners project.
The transaction is subject to receipt of all necessary regulatory and stock exchange approvals and other customary closing conditions.
