GO assists Rio2 in Fenix Gold project financing

Guerrero Olivos has advised Rio2 Limited on a financing for the Fenix Gold Project

 Chilean law firm Guerrero Olivos has advised Canadian mining company, Rio2 Limited, in the financing process of Proyecto Fenix Gold, a gold project of its subsidiary company Fenix Gold Limited, located in the Atacama Region.

This transaction was valued at $135 million US dollars, which included the structuring of a staged financing process comprising a streaming gold mineral purchase agreement, a loan and a private offering of Rio2 shares.

Rio2 is a mining company focused on mine development and operations, with a proven technical team and a successful track record in the capital markets. In addition to the developing Fenix Gold Project in Chile, Rio2 Limited continues to pursue additional strategic acquisitions where it can deploy its operational excellence and responsible mining practices to build a multi-asset, multi-jurisdictional precious metals company.

Guerrero Olivos’ team was led by partner Juan Enrique Allard (pictured left), together with partners Alejandro Chechilnitzky (pictured top center), Miguel Coddou (pictured bottom center), Pedro Lyon (pictured top right) and Benjamín Pérez (pictured bottom right), as well as associates Jerónimo Zabala and María José Morales.