Quantcast

22 Jul 2010

Clayton Utz help turn Citadel capital raising gold

Melbourne, 22 July 2010: Clayton Utz congratulates Citadel Resource Group Limited (Citadel) on the successful completion of its accelerated rights issue offer raising approximately $262 million.

Melbourne Equity Capital Markets partner Charles Rosedale led the Clayton Utz team advising Citadel.

Commenting on the successful completion, Mr Rosedale said: "Clayton Utz congratulates Citadel on the successful $262 million capital raising which will fund the development of its Jabal Sayid copper and gold project in Saudi Arabia."

"This transaction is the latest in a long line of strategic secondary raisings Clayton Utz's Melbourne Equity Capital Markets team has acted on, following recent roles on institutional placements by CSG Limited and Atlantic Limited," said Mr Rosedale.

Related Knowledge

Get in Touch

Get in touch information is loading

Disclaimer

Clayton Utz communications are intended to provide commentary and general information. They should not be relied upon as legal advice. Formal legal advice should be sought in particular transactions or on matters of interest arising from this communication. Persons listed may not be admitted in all States and Territories.