Eagle Mountain Mining Limited (ASX:EM2) entered into share sale deed to acquire Silver Mountain Mining Pty Ltd on November 27, 2017. Under the terms of the transaction Eagle Mountain will issue 37.5 million shares and 4.5 million options exercisable at AUD 0.30 each. Silver Mountain Mining Pty Ltd reported loss after income tax of AUD 3.14 million, total assets of AUD 1.16 million and net liabilities of AUD 2.13 million as of June 30, 2017. Eagle Mountain Mining Limited (ASX:EM2) completed the acquisition of Silver Mountain Mining Pty Ltd on December 7, 2017.