Homburger advised Aris Gold in the creation of a joint venture with MDC Industry Holding

On March 21, 2022, Aris Gold Corporation (TSX: ARIS) announced that it has entered into a definitive agreement with MDC Industry Holding Company LLC, a wholly owned subsidiary of the Abu Dhabi based investment company Mubadala Investment Company PJSC, whereby Aris Gold would acquire a 20% joint venture interest (USD 100 m equity investment) in the Soto Norte gold project in Colombia, with the option to acquire a further 30% interest.

The Soto Norte gold project is one of the world’s largest feasibility-stage projects with high-grade mineral reserves, low capital intensity, low operating costs, and district-scale potential.

Homburger acted as Swiss counsel to Aris Gold Corporation. The Homburger team was led by partner Daniel Hasler and included associate Jasmin Künzle (both Corporate / M&A) as well as partner Jürg Frick and associate Vanessa Isler (both Financing and Investment Products).