Foyen has advised Canadian mining company Mandalay Resources Corporation in its marketed public offering of shares (subscription rights) on the Toronto stock exchange for aggregate gross proceeds of 43 million CAD (32 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 by senior associates Caterina Carreman and Tomas Fjordevik, associates Isabel Andersson, Moa Gruneau, Sanna Tonemar and paralegal Sara Hedström.
For more information, contact:
Peter Dyer, Partner +46 733 22 84 29, peter.dyer@foyen.se
