Peterson & Co. acts for Baiyin International Investment Ltd. in Loan and Equity Investment
On February 26, 2016, Banro Corporation (“Banro”) closed a US$98.75 million financing which included investments by RFW Banro Investments Ltd., a subsidiary of the Baiyin Stream Partnership I LP. The Baiyin Stream Partnership I LP is led by Baiyin Nonferrous Group Co. Ltd., a strategic Chinese mining group based in Gansu, China. Dennis Peterson of Peterson & Co. acted for RFW Banro with respect to a portion of the financing comprised of a $22.5-million (U.S.) term loan, and an $8.75-million (U.S.) equity private placement. Banro Corporation is a Canadian gold mining company listed on the Toronto Stock Exchange and focused on production from the Twangiza mine in the Democratic Republic of the Congo.
Peterson McVicar Acts for Red Cloud Securities Inc. in Brokered Private Placement with Reyna Silver Corp. for up to C$3.0 Million
Peterson McVicar Acts for Galway Metals in Upsizing of $8 Million Bought Deal Private Placement Financing to $10 Million