Aeris Resources - rights issue

HopgoodGanim Lawyers is pleased to have advised Aeris Resources on their recent fully underwritten placement and accelerated rights issue to raise $35.1m.

Working on this deal was Partner Michele Muscillo, Senior Associate Richard Hanel, Associate Isabel Vidot and Solicitor Billy Young.

According to the statement by Aeris, the $35.1 million equity raising is to accelerate exploration programs at Tritton and Torrens and significantly strengthen Aeris’ financial position to deliver a pathway to growth and unlock shareholder value.