Azevedo Sette assists Jaguar on the acquisition of Pitangui Project
Azevedo Sette Advogados assisted Jaguar Mining in sale agreement with IAMGOLD Corporation pursuant to which Jaguar announces acquisition of the Pitangui Project and the remaining interest in the Acurui Project from a subsidiary of IAMGOLD Corporation.
As consideration for acquiring a 100% interest in the Pitangui Project and the Vendor’s interest in the Acurui Project, the company issued 6,331,713 common shares in the capital of the ocmpany, having an aggregate value of USD$9 million based on the volume weighted average closing price per share for the thirty (30) calendar days preceding the date of the definitive agreement for the transaction, which was CAD$1.873 per share.
Azevedo Sette relied on partner Roberto Ribas Wilson (pictured), and associates Natália Meirelles Barros, Jessica Helena de Morais Andrade, and Vitória Miranda.
