SolGold Plc - $82.9m share subscription
HopgoodGanim Lawyers is pleased to have advised SolGold Plc on their share subscription agreement with BHP whereby SolGold issued 100 million shares to BHP.
The deal was worth £45 million ($82.9 million) for SolGold Plc.
HopgoodGanim has previously acted for SolGold on their LSX and TSX listings.
SolGold is a Brisbane-based copper-gold exploration company with assets in Ecuador and Australia. The Company’s primary objective is to discover and define world‐class copper‐gold deposits. The Company’s flagship project Cascabel, a copper‐gold porphyry project, is located in northern Ecuador on the under‐explored northern section of the richly endowed Andean Copper Belt.
HopgoodGanim Partner Brian Moller acted on this matter for SolGold and Locke Lord (UK) LLP also assisted on the matter.