“We hope this will be the first of many [deals],” Mr. Regent said in an interview Friday. “We and our partners are also looking to continue to acquire more mining operations or properties.”
Closely-held Magris is opportunistic and won’t restrict itself in terms of the geographies and asset types in which it will invest, Mr. Regent said. Still, Magris has a bias towards buying assets located in the Americas and for base metals or industrials over precious metals, he said."