Allens acts for Conquest Mining on its takeover of North Queensland Metals
4 June 2010
Allens Arthur Robinson (Allens) is acting for Conquest Mining Limited (Conquest) on its scrip and cash off-market takeover bid for gold producer North Queensland Metals Limited (NQM), announced yesterday.
Conquest's long-term goal is to create a genuine mid-tier gold producer with significant production scale and upside, and the offer is the first step on its path to realising its goal through organic growth and future acquisitions.
Allens Partner Guy Alexander and Senior Associate Andrew Wong are advising Conquest on the takeover.
'The great thing for us about this transaction is that it is an opportunity for us to work again with Conquest Executive Chairman Jake Klein and his team. That team was at Sino Gold when we acted for Sino on its $A2.2 billion merger with Eldorado Gold in the second half of last year. We are grateful that Jake and his team have come back to us in their new roles,' said Mr Alexander.
| Allens legal team | Guy Alexander (Partner – Sydney) and Andrew Wong (Senior Associate – Sydney) |
Ends
For further information, please contact:
- Jane FoleyCorporate Communications Coordinator,
Melbourne
Ph: +61 3 9613 8503
Jane.Foley@aar.com.au
Notes for editors.
Allens Arthur Robinson has staff in 14 cities and eight countries across the Asia Pacific.
