HopgoodGanim Lawyers is pleased to have advised Red 5 Limited on its $125 million capital raising, announced on Monday 30 March 2020.
HopgoodGanim Lawyers advised Red 5 Limited in respect of the two tranche share placement, with the second tranche the subject to shareholder approval in May 2020.
The raising is to enhance Red 5 Limited’s Eastern Goldfields Strategy, which HopgoodGanim has been advising on since 2017 with the key acquisitions of the Darlot and King of the Hills gold mines in the Eastern Goldfields in Western Australia.
HopgoodGanim’s Corporate Advisory team advised in this matter, including Partner, Robyn Ferguson and Senior Associate, Garrett Pearce.