HopgoodGanim is pleased to have advised AIC Mines Limited (ASX:A1M) (AIC Mines) on their successful $57.2M placement.
AIC Mines is an Australian resources company, whose strategy is to build a portfolio of gold and copper assets in Australia through exploration, development and acquisition.
The placement proceeds will be applied primarily to develop the Eloise Copper Mine, a high-grade operating underground mine, to the Jericho Link Drive, and is set to increase copper and gold production, decrease operating costs and extend mine life.
AIC were advised by Partner Michael Hansel and Senior Associate Christina Hooper from HopgoodGanim’s Corporate practice.
Having previously advised AIC Mines in several acquisitions and takeovers, this is another exceptional outcome and we congratulate everyone involved.
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