The funds raised from the Placement will strengthen Focus Minerals’ balance sheet and underpin its strategic growth initiatives, supporting Focus Minerals’ goal of becoming a +500,000oz pa gold producer.
The King & Wood Mallesons team was led by Partner Nicola Charlston, who was supported by Solicitor Rob Kelly.
Focus Minerals has four producing gold mines located at Coolgardie and Laverton in the eastern goldfields region of Western Australia and has 1,650 square kilometres of tenement holdings.
Shandong Gold International Mining Corporation Limited is a subsidiary of the Shandong Gold group Co Ltd, which is one of China’s three largest gold producers by production.
- END -
Elle QuinnCommunications ManagerT +61 2 9296 3730
M +61 424 168 080