Case Studies

Takeover offer for ASX-listed gold explorer

Piper Alderman advised ASX-listed DGO Gold in relation to a $308 million takeover offer by Gold Road Resources in a proposed all-scrip deal.

Team: Alasdair McLean, Andrew Cutler, James Hill

Service: Corporate & Commercial | Mergers & Acquisitions
Sector: Energy & Resources | Mining

DGO Gold owns a portfolio of prospective exploration and mining assets including holdings in De Grey Mining Ltd, Dacian Gold Ltd, Yandal Resources Ltd and exploration tenements in the Pilbara, Yilgarn, Bryah and Stuart Shelf regions of Western Australia and South Australia.

Piper Alderman acted as the legal advisor for ASX-listed DGO Gold in relation to a $308 million takeover offer for all the shares in DGO made by Gold Road Resources in a proposed all-scrip deal, advising DGO Gold on all aspects of the transaction.

Piper Alderman has been advising DGO Gold for several years in respect to its fundraising and investment activities.