The funds will support the Havieron and Telfer projects
White & Case LLP has advised Canaccord Genuity Limited and SPARK Advisory Partners Limited in their roles as global coordinator and nominated adviser, respectively, in Greatland Gold plc's $325 million placing and retail offer. This significant capital raise positions Greatland Gold to move forward with major acquisitions in Australia's mining sector.
Specifically, Greatland Gold plans to use the proceeds to acquire a 70% stake in the Havieron gold-copper project and full ownership of the Telfer gold-copper mine, both located in the resource-rich Paterson Province of Western Australia. These acquisitions are key to Greatland Gold’s strategy of expanding its portfolio of precious and base metals in the region.
These transactions will not only boost Greatland's production capacity but also further its exploration and development initiatives in one of Australia’s most important mining areas.
White & Case’s legal team was led by London-based partner Inigo Esteve, alongside partners David Lewis and Laura Sizemore, counsel Bob Lehner in Chicago, and associate Tarang Nagar in London. Their involvement was pivotal in securing the deal for Greatland Gold's capital raising efforts.
