Palisade Corporate advises Raptor Resources on off-market takeover by Raptor Metals (formerly Eastern Metals) (ASX: RAP) and backdoor ASX listing

Palisade Corporate has advised Raptor Resources Limited (Raptor Resources) on its acquisition by Raptor Metals Ltd (formerly Eastern Metals Limited) (ASX: RAP) (Raptor Metals) and backdoor listing on the ASX.

Raptor Metals acquired Raptor Resources by way of an off-market takeover bid. In connection with the acquisition, Raptor Metals was re-admitted to the ASX and raised A$5m under a public offer. Palisade Corporate advised Raptor Resources on all legal aspects of the transaction.

Raptor Metals is now focused on the exploration and development of its projects across well-endorsed mineral districts in Canada and Australia, which are considered highly prospective for gold, copper and other base metals.

The Palisade Corporate team was led by Connor Graham (Director) and Will Brehaut (Solicitor), with support from Ben Moore (Director) and Luke Colreavy (Solicitor).