HopgoodGanim advises AIC Mines on successful Demetallica takeover offer

10 January 2023
1 min.

HopgoodGanim Lawyers was proud to act for AIC Mines Limited (ASX: A1M) on its recent off-market takeover of all of the shares in Demetallica Limited (ASX: DRM). 

The takeover offer was initially an unsolicited bid from AIC Mines Limited; however, following a short period of negotiations and a variation to the offer terms, the takeover bid was unanimously recommended by the Board of Demetallica. 

Having previously advised AIC Mines in the acquisition of Eloise Copper Mine, this is another exceptional outcome and exemplifies HopgoodGanim’s successful track record in acquisitions involving copper and gold projects.

AIC were advised by Partner Michael Hansel and Senior Associate Christina Hooper in HopgoodGanim’s Corporate and M&A practice.

HopgoodGanim extends its congratulations to AIC Mines Limited on their successful takeover. 

Find out more about HopgoodGanim’s Corporate and M&A team

10 January 2023

What’s new

Be the first to receive our content

Subscribe today