Wright Legal Perth WA - Hedging, Banking and Finance Lawyers
 
 

Hedging Transactions

 

Wright Legal has extensive experience in over-the-counter (ISDA) and exchange traded hedging transactions across metals, currencies, interest rates, and other commodities and asset classes, including for the following clients and mining assets:

  • Northern Star Resources Limited - FX hedging for ‘Super Pit’ acquisition completion payment; gold hedging for multiple mining assets.
  • Saracen Mineral Holdings Limited - FX hedging for ‘Super pit’ acquisition completion payment; gold hedging for multiple mining assets.
  • Capricorn Metals Ltd - Karlawinda gold project in the Pilbara region, Western Australia.
  • Panoramic Resources Limited - Savannah nickel, copper and cobalt Project in the East Kimberley, Western Australia.
  • Dacian Gold Limited - Mt Morgans gold Project in Laverton, Western Australia.
  • Resolute Mining Limited – multiple mining assets.
  • Saracen Mineral Holdings Limited - multiple mining assets.
  • Troy Resources – Karouni gold Project in Guyana.
  • Sirius Resources NL - Nova-Bollinger nickel and copper project in Western Australia.
  • Alkane Resources Limited - Tomingley gold Project in New South Wales.
  • Beadell Resources - Tucano gold Project in Brazil.
  • Mirabela Nickel – Santa Rita nickel Project in Brazil.
  • Cedar Woods Properties – corporate group arrangements.
  • Adamus Resources - Nzema gold Project in Ghana.

Contact us to discuss your hedging needs.

 

 

 

Savannah Project Image copyright Panoramic Resources Limited
 
 

Spotlight on Panoramic Resources

 

Panoramic Resources Limited recently announced the $40 million secured project financing and nickel and copper hedging lines with Macquarie Bank Limited to finance the restart of the Savannah nickel, copper cobalt project in the East Kimberley.

Our team of banking and finance lawyers at Wright Legal were pleased to work on this transaction for Panoramic Resources, which now takes the Savannah Project to being fully funded.

The finalisation of the facilities is a significant milestone as it was the remaining condition precedent to the board making the decision to restart the project. Panoramic Resources plans to ship first concentrate from the Savannah nickel-copper-cobalt project in Western Australia in first quarter 2019

The ASX Announcement made on 16 July 2018 can be viewed via the company website here.

#finance #hedging #resources #derivatives #ISDA #bankinglaw #mining

Contact us to discuss your banking and financing needs.

 

 
 
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