Cobalt 27 Capital Corp., Cobalt 27 Capital (Europe) Ltd., Cobalt 27, Capital (US) Ltd. and Electric Metals Streaming Corp. completed a USD $100 Million Senior Secured Revolving Term Facility for the purposes of financing the Ramu cobalt-nickel stream on the producing Ramu nickel-cobalt mine in Papua New Guinea, the first cobalt-nickel streaming transaction ever completed.
Fasken advised the syndicate of lenders agented by National Bank of Canada with a team comprised of Thomas Meagher(Lead), Dan Conrad(Banking and Finance), Jason McMurtrie (Banking and Finance) and Stacey Hogan (Banking and Finance).
Jurisdiction
- Ontario