representative work

F&M Gold Resources Ltd. and Africa Finance Corp. to Acquire Bonikro Gold Mine from Newcrest Mining Ltd.

12/13/2017

On December 13, 2017, F&M Gold Resources Ltd. and Africa Finance Corp. agreed to purchase Newcrest Mining Ltd.’s 89.89% interest in the Bonikro gold mine for US$72 million in cash and a net smelter royalty worth US$9 million. The acquisition is expected to close in March 2018.

Cassels is acting for F&M Gold with a deal team that includes Cathy Mercer (Securities, Mining and M&A) and Chris Norton (Tax).