Allens advises Pacgold Limited on IPO and ASX Listing

Allens has advised Australian gold exploration company, Pacgold Limited (ASX:PGO) on its initial public offering and listing on the ASX.

Pacgold’s key exploration asset is the Alice River Gold Project in North Queensland, which comprises mining leases and exploration permits for high-grade gold targets surrounding a historical producing goldfield.

‘It was a pleasure for Allens to work on this exploration IPO with the Pacgold team,’ said lead Partner Bryn Hardcastle.

‘This transaction demonstrates the bandwidth of the firm to advise across a broad spectrum of the IPO market and our ability to tailor our offering based on deal size and complexity. Congratulations to all of the Pacgold team on the successful listing.’

Commenting on the successful listing, Pacgold Managing Director, Tony Schreck said: ‘We are excited about progressing the Alice River Gold Project in North Queensland and commencing drilling in the short term. We wish to thank our team of advisers who have assisted us in achieving our successful ASX listing and our shareholders, for their continued support.’

Taylor Collison was the lead manager of the IPO.

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