Case study

Fairmount Minerals The BOD has assessed the solvency of the company after its recapitalization

The Board of Directors of Fairmount Minerals has assessed the solvency of the company on a pro-forma basis immediately following a recapitalization.

Fairmount Minerals is one of the largest producers of industrial sand in the USA. Approximately 80% of the company’s sales are tied to the oil and natural gas production markets with the remainder going to commercial and industrial uses, including foundries, construction, golf courses, artificial turfs, etc.

Oaklins' team in Cleveland, USA, was engaged by the Board of Directors of Fairmount Minerals to render an opinion as to the solvency of the company.

Tombstone image for Fairmount Minerals The BOD has assessed the solvency of the company after its recapitalization

Key deal contacts

Ralph M. Della Ratta, Jr.

United States

Managing Partner

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