SPAC combinationJan 6, 2026Terminated
🇺🇸 United States
KMKey Mining Corp.CDCompass Digital Acquisition Corp.
Materials & Chemicals › Metals & Mining
Equity value$318MEquity value
AnnouncedJan 6, 2026
ConsiderationStock
StructureOther
RegionNorth America
Cross-borderYes
Contingent paymentNo
Overview
Compass Digital Acquisition Corp., a SPAC, agreed to a business combination with Key Mining Corp. through a new holding company, Titan Holdings Corp. Key Mining shareholders agreed to roll 100% of their equity into the combined company.
Deal rationale
The SPAC sees Key Mining's Cerro Blanco rutile project, permitted water desalination project and Arizona copper asset as a platform for acquiring and developing critical minerals.
AI-generated from the SEC filingTerminatedMaterials & Chemicals › Metals & MiningUnited StatesNorth America
Timeline
Valuation and terms
| Equity value | $318M | Headline figure |
|---|---|---|
| Enterprise value | $303M | |
| Consideration | Stock |
Advisors
Buy-side
None listed
Sell-side
BPBNP Paribas
Parties
Target
KMKey Mining Corp.
- Headquarters
- United States
- Ticker
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