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ASX-listed gold miner advised on acquisition and equity raising
DLA Piper is advising ASX-listed gold miner Saracen Mineral Holdings Limited on its latest acquisition and equity raising.
Emma Musgrave
Firm: DLA Piper (Saracen Mineral Holdings Limited)
Area: M&A, finance
Key players: The DLA Piper team is being led by Perth partners Michael Bowen, Alex Jones and Rhys Davies with support from special counsel Hedley Roost, Joanne Steer and Roger Hawkins and senior associate Cameron Bill.
Deal significance: According to a statement provided by DLA Piper, the KCGM joint venture owns and operates the Super Pit in Kalgoorlie-Boulder, Western Australia.
“The transaction will be funded through a combination of debt and equity. Goldman Sachs and RBC Capital Markets are acting as financial advisers to Saracen,” the firm noted.
Commenting further, Mr Bowen said: “We are delighted to be working with Saracen on this transformational acquisition”.
“The acquisition makes strategic sense for Saracen and will position them as one of Australia’s major gold producers,” Mr Bowen said.
Emma Musgrave
Emma Musgrave (née Ryan) is the managing editor, professional services at Momentum Media.
Emma has worked for Momentum Media since 2015, including five years spent as the editor of the company's legal brand - Lawyers Weekly. Throughout her time at Momentum, she has been responsible for breaking some of the biggest stories in corporate Australia. In addition, she has produced exclusive multimedia and event content related to the company's respective brands and audiences.
Prior to joining Momentum Media, Emma worked in breakfast radio, delivering news to the Central West region of NSW, before taking on a radio journalist role at Southern Cross Austereo, based in Townsville, North Queensland.
She holds a Bachelor of Communications (Journalism) degree from Charles Sturt University.
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