Skip to main content

PLEASE NOTE: For everyone’s safety, Fasken recommends anyone on-site at our Canadian offices be familiar with the COVID-19 recommendations in place which may include one or more of the following: social distancing, hand sanitizing, wearing a mask in common areas and proof of full vaccination. These measures apply to lawyers, staff, clients, service providers and other visitors.

Client Work

Migao Corporation completes US$18.1 million financing

Reading Time 1 minute read Subscribe



Migao Corporation

On May 18, 2006, Migao Corporation (formerly Fox Mountain Explorations Ltd.), a leading producer of specialty potash fertilizers in China, successfully completed a private placement of 6,363,000 units for gross proceeds of $18.1 million as part of a reverse take-over transaction undertaken by Fox Mountain to acquire all the issued and outstanding shares of H.K. Migao Industry Limited. The financing was co-led by Research Capital Corporation and CIBC World Markets Inc. and included Haywood Securities Inc. Research Capital Corporation also acted as sponsor in connection with the transaction. The agents were represented by Fasken Martineau with a team that included Rubin Rapuch, John Sabetti and Jamie Pennell (corporate/securities) and Edmond Luke (corporate/Asia Pacific).



    Receive email updates from our team