Top-up placement for PRC gold miner
July 21, 2010 | BY
clpstaff &clp articlesPRC gold miner Real Gold Mining (Real Gold) has made a top-up placement that raised US$156 million. Real Gold completed a placement of 100 million shares…
PRC gold miner Real Gold Mining (Real Gold) has made a top-up placement that raised US$156 million. Real Gold completed a placement of 100 million shares that was followed by a subscription. The mining company will use the proceeds for the development of mining and exploration projects, and further acquisitions.
O'Melveny & Myers advised Real Gold, its team led by Hong Kong partner Gordon Ng and including counsel Mark Chan. Shanghai-based Kurt Burney provided US regulatory advice. Clifford Chance acted for Citigroup as the sole placing agent.
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