Mawson Gold closes Mawson Oy sale

1 minute read
20 December 2023

On December 20, 2023, Mawson Gold Limited (TSX: MAW) (Frankfurt: MXR) (PINK: MWSNF) announced that it had closed its previously announced transaction with Springtide Capital Acquisition 7 Inc. ("Springtide"). 

Pursuant to the transaction, Springtide acquired all of the issued shares and inter-company debt of Mawson Gold's wholly-owned Finnish subsidiary Mawson Oy, which holds the Rajapalot gold-cobalt project, for total consideration of $6.5 million.
Gowling WLG advised Mawson Gold with respect to this transaction with a team that included Cyndi Laval, Tara Amiri, Raymond Ong, James Stewart and Danny Long, assisted by paralegal Toni Vodola. 

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