Transactions

Peterson McVicar acts for Heron in completion of A$240 Million Funding Package

On June 30, 2017 Heron Resources Limited (“Heron” or the “Company”) announced it had secured the full A$240 million funding package required for the construction and ramp-up of its 100% owned Woodlawn Zinc-Copper Project, located in New South Wales, Australia.

The package was comprised of a loan, equity and stream funding package from subsidiaries of Orion Mine Finance Group (A$129 Million); an equity subscription agreement with a subsidiary of existing shareholder, Greenstone Resources LP and co-investment parties (A$42 Million); an equity subscription agreement from new cornerstone equity investor, Castlelake, L.P. (A$33 Million); and the receipt of commitments from various sophisticated and professional investors to subscribe for fully paid ordinary shares in the Company (approximately A$32 million).

Heron is engaged in the exploration and development of base and precious metal deposits in Australia. Heron’s primary development project is the high-grade Woodlawn Zinc-Copper Project located 250km southwest of Sydney, New South Wales.

Back

Recent Transactions

31 May 2022

Peterson McVicar Acts for Red Cloud Securities Inc. in Brokered Private Placement with Reyna Silver Corp. for up to C$3.0 Million

Learn More

30 May 2022

Peterson McVicar Acts for Probe Metals in Private Placement

Learn More

06 May 2022

Peterson McVicar Acts for Galway Metals in Upsizing of $8 Million Bought Deal Private Placement Financing to $10 Million

Learn More

05 May 2022

Peterson McVicar Acts for Galway Metals in $8 Million Bought Deal Private Placement Financing

Learn More