Foyen has advised Canadian mining company Mandalay Resources Corporation in its treasury offering of shares on the Toronto stock exchange for aggregate gross proceeds of 39 million CAD (30 MUSD). Mandalay is the 100 % owner of the Bjorkdal gold mine in northern Sweden and the transaction has required legal opinions regarding all companies and permits in the Swedish business operation. Foyen’s team was led by partners Peter Dyer and Pia Pehrson, assisted primarily by associates Caterina Carreman and Ludvig Gustafson.
For more information contact:
Peter Dyer, Partner
+46 733 22 84 29, peter.dyer@foyen.se