Fladgate LLP has advised AIM listed Papua Mining plc on its agreement to acquire the entire issued share capital of BGM Investments Pty Ltd (a private Australian company with three projects covering gold, copper, silver and zinc exploration targets in Queensland, north eastern Australia) and a conditional placing to raise up to £2m. Papua Mining is a gold and copper exploration company with interests in the Pacific Rim.
Papua Mining was advised by capital markets partner Nigel Gordon, assisted by senior corporate associate Zehra Kofturcu, corporate associate Mary Hennessy and employment associate Caroline Philipps.
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