Black Mountain Metals purchases Lanfranchi Nickel Project from Panoramic Resources
HopgoodGanim Lawyers is pleased to have advised Black Mountain Metals Pty Ltd (BMM) on the purchase of the Lanfranchi Nickel Project.
BMM entered an agreement with Panoramic Resources Limited to acquire all of the issued shares in Cherish Metals Pty Ltd which owned 100% of the Lanfranchi Nickel Project and associated infrastructure which is located 42km south of Kambalda in Western Australia.
The total cash consideration for this deal was $15.1 million.
The deal was successfully completed on 6 December 2018.
HopgoodGanim Partner James Hunt advised BMM on this matter.
“We are pleased to have assisted BMM to acquire a significant nickel project in Australia and look forward to helping them get it back into production.”