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Gold exploration company being advised on listing

Public unlisted Australian gold exploration company Barton Gold Holdings is being advised by Ashurst on its pre-IPO restructuring and fundraising and then IPO.

user iconJerome Doraisamy 01 June 2021 Big Law
Gold exploration company being advised on listing
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Firm: Ashurst (Barton Gold Holdings).

Deal: Barton Gold Holdings Limited (BGD) is being advised on its pre-IPO restructuring and fundraising via convertible notes, and its IPO to raise up to $15 million on ASX. BGD is offering ordinary shares at $0.25 per share, the firm said in a statement, to raise a minimum of $10 million and a maximum of $15 million. The offer will close on Friday, 11 June 2021, with BGD listing on 28 June 2021.

Value: $15 million.

Area: Capital markets.

Key players: The Ashurst team was led by partner Murray Wheater, who was supported by partners Anita Cade and Andrew Gay, counsel Ethan Perry and Michael Voros, senior associates Fran Barber, Cheyne Hansen, Christopher Barry, Jacinta Pitos, lawyers Davy Hu, Kerry Liang, Chelsey Schroeter, Ferdous Bahar and trainee Joanna Ma.

Deal significance: Mr Wheater said: “We are delighted to be advising Barton Gold Holdings on its A$15 million IPO to accelerate exploration of two large-scale, historically under-explored mineral systems.

“Capital raised from the IPO will go toward assessing the true scale and potential of what is South Australia’s largest undeveloped gold project.”

Jerome Doraisamy

Jerome Doraisamy

Jerome Doraisamy is the editor of Lawyers Weekly and HR Leader. He has worked at Momentum Media as a journalist on Lawyers Weekly since February 2018, and has served as editor since March 2022. In June 2024, he also assumed the editorship of HR Leader. Jerome is also the author of The Wellness Doctrines book series, an admitted solicitor in NSW, and a board director of the Minds Count Foundation.

You can email Jerome at: This email address is being protected from spambots. You need JavaScript enabled to view it. 

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