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Deal Date: 24-01-2014 Practice Area: Corporate and M&A
Deal Title: Centurion Resources Reverse Takeover of FinnAust Mining Industry: Mining
Description:
Watson, Farley & Williams (WFW), a leading international law firm, is pleased to announce that it has advised FinnAust Mining plc (FinnAust), an exploration company with extensive mining assets in Finland, on its reverse takeover by Centurion Resources plc (the Company). The consideration for the reverse takeover is GBP7.7m to be satisfied by the issue of shares in the Company. The Company, which is listed on AIM, has also raised GBP3.4m through a placing to fund the development of FinnAust's portfolio of copper and nickel projects in southern Finland. The Company has now changed its name to FinnAust Mining Plc. Chris Kilburn, corporate partner at WFW in Singapore, led the WFW team, with assistance from corporate associates Gareth Burge and Hayley Arrow in London.
Financial Center: Singapore Value: 0.00-100.00
Advised Party: Target Company Law Firm
Target Company Jurisdiction: United States Acquiror Jurisdiction: United States
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Chris Kilburn