Austral Gold’s Acquisition of Casposo Argentina Ltd.


ZBV advised Austral Gold on the deal

Austral Gold Limited (ASX: AGD; TSX-V: AGLD) has closed its previously announced share purchase agreement with Troy Resources Limited (ASX: TRY).

Austral paid US$0.2 million for the outstanding common shares of Casposo Argentina Ltd, a wholly-owned subsidiary of Troy that owns the Casposo mine.

Austral Gold Limited is a growing precious metals mining, development and exploration company building a portfolio of quality assets in Chile and Argentina. The Company’s flagship Guanaco/Amancaya project in Chile is a gold and silver producing mine with further exploration upside. The company also holds the Casposo Mine (San Juan, Argentina), a ~22.48% interest in the Rawhide Mine (Nevada, USA)and an attractive portfolio of exploration projects including the Pingüino project in Santa Cruz, Argentina (100% interest) and the San Guillermo and Reprado projects near Amancaya (100% interest).

Zang, Bergel & Viñes advised Austral Gold on the deal with a team including Pablo Vergara del Carril (Picture) Amalia Sáenz and Nicanor Berola.

Involved fees earner: Nicanor Berola – Zang, Bergel & Viñes Abogados; Amalia Sáenz – Zang, Bergel & Viñes Abogados; Pablo Vergara del Carril – Zang, Bergel & Viñes Abogados;

Law Firms: Zang, Bergel & Viñes Abogados;

Clients: Austral Gold Ltd;

Author: Ambrogio Visconti.