Rodyk is acting for LionGold Corp Ltd (the Company), a company listed on the Mainboard of the Singapore Exchange Securities Trading Limited, on the proposed placement of an aggregate of 180 million new ordinary shares (Placement Share), at an issue price of S$1.10907 for each Placement Share, and 135 million new warrants (Warrant) in the capital of the Company (the Placement), at an issue price of S$0.02 for each Warrant, each Warrant carrying the right to subscribe for one (1) new ordinary share in the capital of the Company (the New Shares) at an exercise price of S$1.355 for each New Share.
The gross proceeds from the Placement, assuming all Placement Shares and Warrants are fully subscribed and all Warrants are exercised, is estimated to raise up to approximately S$384 million.
The Rodyk team comprised corporate partners Kenneth Oh and Barry Koh, and associate Gan Hwa Jiunn.
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