GBM Resources (ASX:GBZ) has successfully raised US$4.6 million
October 2020 — GBM Resources Ltd. (ASX:GBZ) has completed a fundraising to accelerate development.
GBM Resources is a mineral exploration and development company focused on the discovery of world-class gold and copper deposits in Eastern Australia. The company has a high caliber project portfolio, hosting district-scale mineral systems, located in a number of premier metallogenic terrains including the Drummond Basin, Mt. Morgan district and the Mt. Isa Inlier in Queensland, and the Malmsbury Project in the prolific Victorian Goldfields.
Our role in the transaction
Oaklins’ team in Australia acted as joint lead advisor in this transaction.
Peter Rohner
Managing Director and CEO, GBM Resources
Talk to the deal team
Related deals
7BidCo has completed the sell-out procedure for the shares of STAR7
7BidCo S.p.A. has completed the sell-out procedure for 8.5% of STAR7 S.p.A.’s shares.
Learn moreAlba has completed a voluntary public tender offer for the shares of Borgosesia
Alba S.r.l. has completed a voluntary public tender offer for 100% of the shares of Borgosesia S.p.A.
Learn moreMoneybox’s employee share sale has set another milestone for London’s Private Securities Market
The London Stock Exchange’s Private Securities Market (PSM) continues to demonstrate its potential as a venue for providing shareholder liquidity in high-growth private companies. Following the successful employee share sale for autonomous driving pioneer Wayve earlier this month, fintech leader Moneybox has completed a US$61 million (£45 million) employee liquidity event through the PSM. By structuring the transaction as an employee liquidity event, long-serving employees with vested equity have been able to realize some of the value they helped create while enabling Moneybox to remain private and continue its growth journey. Crowdcube managed the employee seller and investor participation process.
Learn more