Odyssey Gold Limited makes several key transactions
National law firm, Thomson Geer, has advised Odyssey Gold Limited on two strategic acquisitions, a capital raising and an ASX readmission.
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Firm: Thomson Geer (Odyssey Gold Limited)
The group was also advised on a capital raising and relisting on the Australian Securities Exchange (ASX).
Value: The Tuckanarra acquisition was worth $5 million and the capital raising was worth $3.125 million. Value details of the Stakewell Gold Project have not been disclosed.
Area: M&A, corporate, finance.
Key players: The team advising Odyssey Gold Limited consisted of Thomson Geer partner Michael Bowen, partner Michael Ng, senior associate Christopher Seotis and lawyer Ryan Gava.
Deal significance: The transactions come as Odyssey Gold Limited looks to expand its footprint across the nation and establish itself as a gold explorer.
According to a statement from Thomson Geer, the acquisition of the Tuckanarra Gold Project “substantially increases Odyssey Gold’s footprint in the Meekatharra-Cue region”.
“Both projects have high-grade gold targets and show great promise for future exploration success,” the statement added.
Further, Thomson Geer partner Mr Ng noted: “It has been a pleasure working with Odyssey Gold as it positions itself to become a premier gold explorer”.
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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.
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