21 January 2019
Paul Sartori and Ailyn Tydde have acted for Gulf Manganese Corporation Limited (ASX: GMC) on its $10M investment funding and restructure, as announced on 2 January 2019. The investment consisted of funds from a current investor, PT JGI, together with a new investor, a Singapore-based ore and alloy trading company. It also included a complex restructure of existing investments in GMC’s Indonesian subsidiary.
Paul Sartori said “it is pleasing to continue our long-standing relationship with GMC and we look forward to working with the company as it progresses the construction and commissioning of its Kupang smelter project”.