This week on Digging for Dollars, Cejay Kim and Mat Wilson break down the latest in Quebec gold consolidation, as Probe is acquired by Fresnillo — adding 10 million ounces and fueling the district-scale “hub-and-spoke” model in Val-d’Or. They debate valuation, premiums, break fees, and the tax math behind cash-only deals.

Then they welcome Simon Marcotte, former CEO of Northern Superior, fresh off a ~$375M sale to IAMGOLD. Simon shares the playbook behind repeated exits, how to structure companies for takeovers, and why Canada — especially Quebec and Ontario — is now the most strategic gold jurisdiction in the world.

0:00 – Quebec gold M&A continues: Probe–Fresnillo & district consolidation

3:48 – Deal mechanics: premiums, tax rollover & cash vs shares

11:04 – Guest intro: Simon Marcotte on Northern Superior’s sale

15:29 – How to build for exits: buyers, teams & timing

24:56 – Majors need ounces: reserve depletion & a new M&A cycle

29:28 – Dig This Deal: Westhaven, AuMega Metals, Amex

Companies Mentioned:

IAMGOLD CORPORATION - $IMG

Mines D'or Orbec Inc. - $BLUE

Northern Superior Resources Inc. - $SUP

FRESNILLO PLC - $FNLPF

Radisson Mining Resources Inc. - $RDS

TROILUS GOLD CORP. - $TLG

Cartier Resources Inc. - $ECR

Amex Exploration Inc. - $AMX

WALLBRIDGE MINING COMPANY LIMITED - $WM

LITHIUM AMERICAS CORP. - $LAC

Westhaven Gold Corp. - $WHN

AuMega Metals Ltd - $AUM

AGNICO EAGLE MINES LIMITED - $AEM

TRANSALTA CORPORATION - $TA

NorthIsle Copper and Gold Inc. - $NCX

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