Silver Lake Resources - Doray Minerals merger
HopgoodGanim Lawyers is pleased to have advised Silver Lake Resources on their recently announced merger by Scheme of Arrangement with Doray Minerals. Upon completion the newly merged group will create a multi-asset, mid-tier gold producer.
The deal values the merged group at approximately $421 million.
The indicative implementation date for the scheme is in March 2019.
HopgoodGanim has previously acted for Silver Lake in a number of asset transactions.
The proposed merger combines two high-grade gold operations in Western Australia - Silver Lake’s Mount Monger and Doray’s Deflector projects.