Resolute, the Australian-based gold miner, will acquire Toro for a consideration payable of US$130 million in cash and 142.5 million Resolute shares.
Toro's flagship asset, the low-cost, high-margin Mako gold mine located in eastern Senegal, will become Resolute's fourth mining facility.
The Mayer Brown team was led by Corporate & Securities partners Rob Hamill and Rebecca Bothamley and included: Corporate & Securities – senior associate Harriet Hainsworth, associates Priya Mistry, Katie Bunce and trainee solicitor Sarah Reder; and Employment & Benefits – Consultant Andrew Stanger.
