White Rock Minerals has raised funds via a placement
December 2021 — White Rock Minerals Ltd (ASX:WRM) has raised funds to expedite mining activities at Woods Point gold project, recapitalize the Morning Star gold mine and gold processing facility as well as support working capital.
White Rock Minerals is a minerals resource exploration and development company. The company’s primary activities are focused on the development of its three key assets: Woods Point gold project, Red Mountain and Mt Carrington. Their portfolio provides investors with diversification through high-quality projects at differing developmental stages, exposed to different commodities in two jurisdictions.
Our role in the transaction
Oaklins’ team in Australia acted as joint lead manager, alongside Viriathus Capital, to assist White Rock Minerals in raising funds.
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