June 22, 2018
Doyle's Guide
  • Home
  • Corporate
  • Allion Legal advises Galaxy on $81million capital raising
Corporate WA

Allion Legal advises Galaxy on $81million capital raising

Stuart Mengler, Allion Legal

Allion Legal’s Corporate and Resources team are advising Galaxy Resources Limited on its recently announced A$81 million capital raising via a placement to existing cornerstone investor M&G Investments and new cornerstone investor State-owned East China Mineral Exploration & Development Bureau (ECE).

Principal, Stuart Mengler is leading the Allion team advising Galaxy, which includes Principal, Phil Lucas and Associate, Chris Rosario.

“We are delighted to be advising Galaxy on a transaction of this nature at a time when capital raising is difficult. The funds raised will assist Galaxy to meet its ongoing project development goals” saidMengler.

Subject to approvals, the ECE component of the capital raising is expected to complete in January 2013. A key intention for the proceeds from the capital raising is the progression of the Sal de Vida Lithium Brine and Potash Project in Argentina.

Allion Legal has been advising Galaxy Resources on the development of the Sal Da Vida project since Galaxy acquired the asset via a merger with Canada’s Lithium One.

Related posts

Leading Commercial Litigation & Dispute Resolution Lawyers – Western Australia, 2017

Doyles Guide

Leading Corporate/M&A Lawyers (Small & Mid-Market Matters) – New South Wales, 2017

Doyles Guide

Leading WorkCover & Workers Compensation Law Firms (Defendant) – Perth, 2015

Doyles Guide

Leading Insolvency & Reconstruction Barristers – WA, 2016

Doyles Guide

Leading Family & Divorce Law Firms – Western Australia, 2016

Doyles Guide

Leading Employment Law Firms (Employee & Union Representation) – WA, 2017

Doyles Guide


Do not have an account ? Register here