Resolute Mining refis bridge loan with £103m block trade

By Aidan Gregory
21 Jan 2020

Resolute Mining, the Australian gold miner, has raised A$196m (£103m) via a transcontinental capital increase to repay a bridge loan used to fund its acquisition of Toro Gold in August last year.

The share sale had a fixed offer price of A$1.10 a share, a 6.4% discount to the closing price of Resolute on the Australian Securities Exchange on Monday. The institutional bookbuild closed on Thursday January 23.

Resolute Mining is dual-listed on the Australian Securities Exchange and the London Stock Exchange; ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access:

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: or find out more online here.