M&A
confidence high
sentiment neutral
materiality 0.75
Compass Digital Acquisition Corp. signs definitive merger with Key Mining Corp. at $230M EV
Compass Digital Acquisition Corp.
- KMC valued at $230M pre-money enterprise value; pro forma combined EV of $303M.
- KMC's Cerro Blanco project in Chile is world's 10th largest rutile TiO2 deposit.
- KMC shareholders convert 100% equity into Pubco; expected close H1 2026.
- CDAQ currently trades OTC (CDAQF); Pubco to list on a national exchange.
- KMC also owns a greenfield copper project in Arizona and a water desalination project.