In June 2024, the proposed merger between Red 5 Limited, an Australia-based gold miner, and Silver Lake Resources, was approved by the Supreme Court of South Wales, and shares of Silver Lake were delisted from the Australian Stock Exchange.
The deal, first announced on February 5 of this year, creates a leading mid-tier gold company with four mining hubs in tier 1 gold jurisdictions of Western Australia and Ontario, valued at approximately A$2.2-billion.
Davies Ward Phillips & Vineberg LLP represented Red 5 Limited with a team that included Richard Fridman, Melanie Shishler, Jonas Farovitch and Matthew Auvinen (Public M&A); Sarah Powell and Robyn Barabash (Environment); Steve Willard (Real Property); and Jim Dinning (Regulatory).
Herbert Smith Freehills LLP acted as counsel to Red 5 Limited.
Corrs Chambers Westgarth acted as counsel to Silver Lake Resources.