Mayer Brown advises Toro Gold on sale of share capital to Resolute Mining
Published by Claire Cuddihy,
Assistant Editor
Global Mining Review,
Mayer Brown has advised Toro Gold Limited, the private gold producer, on the sale of its entire share capital to Resolute Mining Ltd for approximately US$300 million.
Resolute, the Australian-based gold miner, will acquire Toro for a consideration payable of US$130 million in cash and 142.5 million Resolute shares.
Toro's flagship asset, the low-cost, high-margin Mako gold mine located in eastern Senegal, will become Resolute's fourth mining facility.
The Mayer Brown team was led by Corporate & Securities partners Rob Hamill and Rebecca Bothamley and included: Corporate & Securities – senior associate Harriet Hainsworth, associates Priya Mistry, Katie Bunce and trainee solicitor Sarah Reder; and Employment & Benefits – Consultant Andrew Stanger.
Read the article online at: https://www.globalminingreview.com/finance-business/06082019/mayer-brown-advises-toro-gold-on-sale-of-share-capital-to-resolute-mining/
You might also like
Ready to revolutionise the cement industry?
Join our sister publication, World Cement, in Lisbon, 10 – 13 March 2024, for their first in-person conference and exhibition: EnviroTech.
This exclusive knowledge and networking event will bring together cement producers, industry leaders, technical experts, analysts, and other stakeholders to discuss the latest technologies, processes, and policies being deployed at the forefront of the cement industry’s efforts to reduce its environmental footprint.
Flender wins excellence award from Caterpillar
Flender has received the Supplier Excellence Recognition Award from Caterpillar.