Foyen has advised Canadian mining company Mandalay Resources Corporation inits marketed public offering of shares (subscription rights) on the Toronto stock exchange for aggregate gross proceeds of 43 million CAD (32 MUSD).Mandalay is the 100 % owner of the Bjorkdal gold mine in northern Sweden and the transaction has required legal opinions regarding all companies and permits in the Swedish business operation.

Foyen'steam was led by partners Peter Dyer and Pia Pehrson, assisted by senior associates Caterina Carreman and Tomas Fjordevik, associates Isabel Andersson, Moa Gruneau, Sanna Tonemar and paralegal Sara Hedström. 

For more information, contact:

Peter Dyer, Partner
+46 733 22 84 29, [email protected]

About Foyen

Foyen is a law firm which, ever since it was founded in 1987, has carved out three basic principles that define how we work: industry focus, an understanding of business, and outstanding expertise in the relevant areas of the law. And this has served us and our clients well. The firm now has some 90 employees in Stockholm, Gothenburg, Malmö and Falun.

Our primary practice areas are in the construction and property sector, technology-intensive industry, mining and forestry, public transactions, the energy sector, the environmental sector, IT law and cross-industry business law.