Sale of Otso Gold Oy

Posted on

21 Nov

2022

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Fast facts

Cross-border:

Yes

Status:

Completed

D&I advised the main creditor of Otso Gold Oy, the owner of the Laiva gold mine, in the corporate restructuring and concurrent sale of the company to Pilar Gold Inc., a mining company with significant operations in Brazil.

The Laiva gold mine, located near Raahe, consists of two open pits and a processing plant and is estimated to have total resources of over 800,000 ounces.

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