Firesteel Resources Acquires Remaining Interest of Nordic Mines Marknad AB
Firesteel Resources Inc. (“Firesteel”), a mining company engaged in the acquisition and exploration of prospective precious and base metal properties in Canada and around the world, exercised its Minority Buy-Out Right to acquire the remaining 40% interest of Nordic Mines Marknad AB (“Marknad”).
Following such acquisition, Firesteel is now the 100% owner of Marknad and, indirectly, the 100% owner of the Laiva Gold Mine, located in Finland.
In connection with the exercise of the Minority Buy-Out Right, Firesteel has issued 58,417,182 common shares in its capital (the "Consideration Shares"), with a deemed issue price of $0.0966 per share.
The issuance of the Consideration Shares has been approved by the TSX Venture Exchange.
Aird & Berlis represented Firesteel with a team comprised of Tom Fenton, Melanie Cole, Liam Tracey-Raymont (Capital Markets), Aaron Collins (Banking), Peter Czegledy (Corporate/Commercial) and Carol Burns (Tax).
Image: © 2017 Firesteel Resources Inc.
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BioFull bio
Tom’s experience affords him the ability to efficiently navigate a corporate finance transaction from concept to closing.
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Whether advising her clients on public and private financings, mergers and acquisitions or corporate commercial matters, Melanie takes a client-first ...
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Liam is a driven and forward-thinking corporate lawyer, with a passion for helping public and private clients achieve their growth objectives.
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A self-described deal junkie, Aaron thrives on getting deals done, and will make sure your transaction gets across the finish line.
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Whether he is working on a transaction or providing strategic advice, Peter puts himself in the shoes of the client to gain a better understanding of ...
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Carol takes a thorough and well-researched approach to providing clients tax advice that is tailored to their specific situation and needs.
