Rugby Mining Limited’s Acquisition of Proximo Resources Pty Ltd

Gowling WLG advised Rugby on the deal.

Rugby Mining Limited (“Rugby”) (TSXV: RUG) reported that it had completed its previously announced acquisition of Proximo Resources Pty Ltd (“Proximo”), a private Australian company that controls silver and gold projects in Chile and Argentina. 

Rugby also announced that it had closed its previously announced and oversubscribed $4 million private placement of units.

Rugby is an exploration company conducting “discovery stage” exploration on targets in Chile, Colombia, Argentina, the Philippines and Australia. 

Gowling WLG advised Rugby on both the acquisition and the financing with a team that included Cyndi Laval (Picture), Tara Amiri, Raymond Ong, Ethan Chang and James Stewart (corporate/M&A), assisted by paralegal Toni Vodola.
 

Involved fees earner: Tara Amiri-Khaledi – Gowling WLG; Ethan Chang – Gowling WLG; Cyndi Laval – Gowling WLG; Raymond Ong – Gowling WLG; James Stewart – Gowling WLG;

Law Firms: Gowling WLG;

Clients: Rugby Mining Limited;

Giulia Di Palma

Author: Giulia Di Palma