Gowling WLG has advised Phoenix Copper Limited on a £16.45 million placing and subscription.
Phoenix also has an open offer in place to raise up to an additional £1.95 million from qualifying shareholders.
Phoenix Copper Limited is a US base and precious metal exploration and development company which is developing the Empire Mine in Idaho to produce copper, gold, silver and zinc.
Gowling WLG’s team was led by corporate principal associate Alex Davidson, with assistance from corporate partner Charles Bond (Picture) and trainee solicitors Alistair Connor and Rachel Bright.
Law Firms: Gowling WLG;
Clients: Phoenix Copper Limited ;