Imdex Limited acquires 40% interest in Krux Analytics Inc.

1 minute read
24 April 2023
Client work

Team:

Steve Will, Melanie Condic

On April 24, 2023, Imdex Limited (ASX: IMD) ("IMDEX") announced that it had acquired a 40% interest in Krux Analytics Inc. ("Krux") for AUD $6.42 million in cash.

IMDEX is a leading global Mining-Tech company, which enables successful and cost-effective operations from exploration to production.  
 
Krux  is  a  Calgary-based  company  that  develops advanced  drilling  analytics  software,  with  application  for  real  time exploration  and  production  drilling data. 
 
Gowling WLG advised Krux with respect to this transaction with a team that included Steve Will and Melanie Condic.

NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.
Related   Mining, Tech, Mergers & Acquisitions, Corporate Commercial

Team

Related Insights & Resources

View all insights Related Insights & Resources
Client work
17 April 2024 Rio2 closes $23 million offering
Client work
09 April 2024 Nortec sells stake in Kietyönmäki Lithium Project in Finland
Client work
28 March 2024 SOL Global portfolio company Andretti Acquisition Corp. completes business combination with Zapata AI and lists on NASDAQ

Team

Download or print PDF