Financing of the Laiva Gold Mine

Pandion Mine Finance, LP

Posted on

12 Dec


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Fast facts





Deal value:

Approximately USD 20 million

What we bring to the table is innovative solutions that open up undiscovered opportunities.

Juha-Pekka Mutanen, Partner

We advised the US mining finance fund Pandion in its financing of the Laiva Gold Mine operated by Nordic Mines Oy in Raahe.

The transaction involved the acquisition by Firesteel Resources Inc. of an indirect shareholding in Nordic Mines Oy and provision of financing, including related complex security and pre-paid gold delivery arrangements, to the Laiva gold mine operated by Nordic Mines Oy in Raahe, Finland.

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