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Liatam invests a further A$1.8 million in Novo

Fasken
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Overview

Client

Liatam Mining Pty Ltd.

Liatam Mining Pty Ltd. (Liatam), a privately owned mining services company based in Perth Western Australia, announced its A$1.8 million investment in Novo Resources Corp. (Novo).

Subject to Toronto Stock Exchange approval, Liatam has agreed to further invest A$1.8 million to obtain 9,000,000 shares at A$0.20 per share in Novo to increase their shareholding from ~3% to ~6%.

Fasken advised Liatam with a team led by Martin Ferreira Pinho (M&A).

Jurisdiction

  • British Columbia

Team

  • Martin Ferreira Pinho, Partner, Vancouver, BC, +1 604 631 3187, mferreirapinho@fasken.com
  • Frank Mariage, Partner, Montréal, QC, +1 514 397 7540, fmariage@fasken.com