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Gold Fields completes US$62.3 million strategic sale of its 24% interest in Rusoro Mining Ltd. to Fulcrum Global Markets LLC

Fasken
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Overview

Client

Gold Fields Netherlands Services B.V.

On January 19, 2024, Gold Fields Netherlands Services B.V. (“GF Netherlands”), a wholly-owned indirect subsidiary of Gold Fields Limited, completed the sale of 140,000,001 common shares in the capital of Rusoro Mining Ltd. to Fulcrum Global Markets LLC (representing an approximate 24% interest in Rusoro) for a transaction value of approximately US$62.3 million. The transaction is pursuant to GF Netherlands’ ongoing portfolio management strategies.

Fasken advised GF Netherlands in connection with this transaction with a team comprised of Brian Graves, Allison Marks and ZiChen Gao.

Jurisdiction

  • Ontario

Team

  • Brian Graves, Partner, Toronto, ON, +1 416 865 4517, bgraves@fasken.com
  • Allison Marks, Partner, Toronto, ON, +1 416 868 7525, amarks@fasken.com
  • ZiChen Gao, Associate, Toronto, ON, +1 416 868 3346, zgao@fasken.com